(This is a live trade shared by Eric Lye in his Forex Trading Blog. The
purpose is to share how we trade and provide the learning points. Note
that there is no absolute right or wrong about a trade, it is all about
managing it well)
Managed to open the trade around 5pm and the continuation setup was confirmed by end of candle. Hold on to the trade and managed to scale out with 92 pips profit after 4 hours. Position is risk free now, hopefully can create an edge for me to add and ride this down flow to around 1.2738 region. (estimated level)
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| EURUSD 2010-08-11 Entry |
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| EURUSD 2010-08-11 Scaled Out |
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