Daily FX Training | Learn Forex with the Dynamic Traders

Dynamic Trader Blog - Forex Chart Pattern Signals

Tuesday, January 30, 2007

EURSEK

I wont put a chart up for the EURSEK because if you are in the trade and shorting this since I mentioned it last week then you will know what the chart looks like and will be extremely happy with your profit so far. However, if you have not traded it then the last thing you want to see this morning is what you have missed out on.

Last week Monday I posted a potential short should be considered on the EURSEK. The following day it started to drop. By the end of last week it had fallen about 600 pips giving a potential of 6k or more. Yesterday alone it hade decreased 600 pips which gave excellent profits.

For those in the trade, you must scale out at the targets and move your stops to lock in further profits.

Good luck.