Alright, the Euro / US Dollar (EURUSD) FOREX currency pair trade that I outlined yesterday as a potential trade set up actually got executed earlier this morning. That being said, I am short at 1.2486 with an initial stop loss at 1.2589 (risk of 103 pips). Right now as I’m writing this the trade does not look good, the market has completely reversed to the upside and is now trading at 1.2558. Let’s see what happens with this trade and I’ll discuss it in more detail on tomorrows video. I also talk briefly about position sizing, which is ‘how much’ you should be risking on any single trade. Have a profitable day and I hope this video helps.
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