Forex EUR/USD

Last night while I was surfing the web answering questions (ya, I’m one of those types) I watched the Forex EUR/USD trade I made last night reach over $70 in profit.  I didn’t take it, I was serious about letting it stay through the night.  Well, this morning it wasn’t at $70 profit.

Instead I woke up to something more like $15 profit.  What a disappointment.  I’ve had some great runners when sleeping, but this wasn’t one of those times.

So tonight, hopefully will be different.

First is I will set a take profit of $50, the second thing is that I will watch and if I see some temporary plateau I will take whatever the profits are and just wait for another winning opportunity another time.

So here’s the breakdown for tonight’s trade:
Amount (EUR) 22,500.00
Rolling until 01/23/2008
Amount to risk (USD) 225.00
Buy currency EUR
Sell currency USD
Deal rate 1.4720
STOP LOSS rate 1.4620

Of course the trading screen from the online Forex trader I use has a much nicer look to it.

Have you signed up yet?