Posted by: joetradingplace | March 13, 2015

Simply Following the Trend

Remember we have shorts on eurjpy, eurusd, since few week ago…we managed to add another short on eurusd yesterday and the trade have already reached our first target gaining 0.5%. We also took a long on usdcad, 1 st target has been reached. Other trades are short euraud, 1st target reached..short YM as well as we pointed out in the last few posts. Charts shown below….all these have managed to produce a 3% gain, bringing out total gain to 10%.

Who is using more effort, the seller in a down trend or the buyer in a down trend…who is the fool…who is more stressed…who keeps hoping…

2015-03-13_15-122015-03-13_15-13-12015-03-13_15-152015-03-13_15-17
2015-03-13_15-14

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