EURUSD trade on news

At 12pm today, ECB President Mario Draghi is due to participate in a panel discussion titled “The Path from Crisis to Stability” at the World Economic Forum’s annual meeting, in Davos; EURUSD Buy 1.3701 Sell 1.3663

Fr., Jan. 24 morning

The EURUSD hit my stop loss at 1.3669 and realizing additional 18 pips of profit. Thus, the total profit from yesterday’s trades is 138+18 = +156 pips New order today: USDCAD trade on news: Sell 1.1049 Buy 1.1106

What to do when you make a mistake?

Sometime we all make mistakes. It can be pressing a wrong button, forgetting to close an order, opening a position bigger than intended, etc. What should  you do when you discover your mistake? The answer is plain and simple: close that position immediately regardless whether that accident benefited you or caused a loss. As I … [Read more…]