Monday, January 29, 2007

Now is the time for the euro to run. Resistance becomes support. You can set your stop loss parameters to 1.2895 like money in the bank. That's the most you can lose. If you can risk 5%, trade as much as you can with a stop at 1.2895. With the € @ 1.2947 there's 52 pips to lose, times 100 = 5200. If you've got $100K in your account you can trade 10 lots or 1,000,000 on the trade. Nice. If you've got more trade more. The numbers go up. This is it!!!

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