Hi everyone out there let's analyze what happened TODAY, remember that we had FORECASTED a BUY SIGNAL for our usual pair the EUR/USD on the GENERATED SIGNAL. You can view this on the blog link
For today's SIGNAL lets look at the chart to get a clear picture of the PRICE ACTIVITY, we need to see the 30mins CHART to get a vivid picture of what happened.
On the chart we would be able to see that on the signal we initiated our BUY at 6:00 GMT, and at the at time the market opened at 1.5399, we then saw an upward SPIKE in our direction and it touched a HIGH of 1.5430 and just as I advised CORECTION OF STOP LOSS IS VERY VITAL WHEN USING THIS SIGNAL. If that was adhered to it therefore means that we would have secured about 21 PIPS on the preceding DOWNWARD MOVE. I'm saying this due to the fact that we saw a DOWNWARD SPIKE on the next three 30mins CANDLE STICKS.
We latter saw the market touched a LOW of 1.5369 on the 8:00 GMT candle, which is unfortunately our SET STOP LOSS on ENTRY. It basically does not bother me due to my adherence of the CORRECTION OF STOP LOSS POLICY FOR THIS SIGNAL, AS IT'S VERY VITAL.
Let's look forward to the week ahead, and see how much we can accumulate into our PURSE, it wasn't bad today as I made 21 PIPS. I'll get back on the PIPS GENERATED SO FAR THIS WEEK ON THE SIGNAL on the BLOG.
GOODLUCK TRADERS 
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