Patience. Simplicity. Discipline. The most important factors, yet the most difficult to grasp for most Forex traders. As a young trader who has experienced great losses as well great gains my journey has led me to this point. 1 TRADE. 1 PAIR. 1 STRATEGY. Once a day. [Posts will be made daily between 9pm-12am PST/ 12am-3am EST with the exception of most holidays]
Wednesday, November 17, 2010
FOREX DOJO TRADE # 44 [CONTINUED]
Tonight 132.25 is the level to breach. I am thinking that 132.00 will be tested and is a good area to take profit. If you plan on staying up then look for a break of 131.75 with 131.00 area as the next stop. 132.80 is pivotal on the top side with 133.30 & 133.80 the only real resistance.
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