In my last post I said I would not add again until it made it to the .8535-50 area and it missed this target by about 5 pips. I did however add to my position but not as low as I would have liked to. Never the less I am still anticipating a nice profit out of this trade but will keep a close eye on it. Still only leveraged arond 2:1. If you happened to enter around the .8555 level than that is a great entry. If not you may get another chance at it. Only time will tell. For those of you that are in my live forex news calls I will see you in the room tonight.
Author: Dustin Pass
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.