Entry Point On Winning Strategy

Yesterday I gave a winning Forex Trading Strategy. Today I am making my first trade with this strategy.

It is 11:05 PM Est Eur/Usd

We tested the resistance level of 1.3973 and bounce off of it I believe we are headed down to the next support level of 1.3891

I just entered at 1.3950 I have a stop at above the resistance level at 1.3979 with at target of 1.3891

I will adjust the stop forward as I gain profit but I will not move it back. I opened two lots and I will keep the other lot with no limit to allow it to run if the pair continues to move down.

10 min Chart –


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Casey Stubbs is the founder of Winners Edge Trading, which is one of the most widely read forex sites on the web. Winners Edge Trading has trained thousands of people to trade the Forex markets.
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