Hi all, let's see how our trade went today. The market is actually waiting for the FED'S SPEECH for BIG BEN and INTEREST RATE STATEMENT from CANADA as at the time of the POST.
Well check our forecast out at http://piptrain.blogspot.com/2008/03/eurusd-signal-for-tuesday-4th-march.html basically we forecasted a SELL for the pair with ENTRY @ 6:00 GMT and EXIT @ 10:00 GMT.
Let's see how our charts reacted during these times.
Above is a Hourly chart of the EUR/USD and on the upward red arrow is the open hourly candle stick opening at 1.5186 and the lowest the market went from that point was on the next hourly candle stick with a low of 1.5173.
LET ME RESOUND HERE THAT IF SOME OF YOU ADHERED TO MY MOVE STOP LOSS POLICY DURING TRADE, IT WOULD BE REASONABLE TO SAY THAT YOU WOULD BE ABLE TO AVERT WHAT HAPPENED DURING THE NEXT CANDLE STICKS.
Having said that after that little downward TREND, we saw an upward SPIKE UNTILL OUR STOP LOSS that was originally set at 1.5216........ was touched during the rising market. The STOP LOSS was touched on the 12:00 GMT candle stick.
That's a PITY for all that did not move STOPL LOSS DURING THE DOWNTREND OF THE 7:00 GMT CANDLE STICK.
STAY TUNED FORO OUR NEXT SIGNAL AROUND 21:00 GMT.
CHEERS 
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