As you know, I have been very bullish EUR/GBP this week. On Monday, I showed you this chart of EUR/GBP and told you that is headed for 90 cents from 87 cents and today it has pretty much reached that level. The high in EUR/GBP was 0.89978, 2.2 pips from my 0.90 target. [...]
Pips mean nothing regarding profitability or competency as a trader because most traders have variable stop loss sizes. You can be profitable posting a pip loss.
Warning
Sales solicitations appearing in newspapers, telemarketing, radio or television promotions, or attractive internet websites, touting high-return, low-risk investment opportunities in foreign currency trading more often than not are fraudulent. If it sounds to good to be true it probably is.
Disclaimer
No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site.
Also, the past performance of any trading methodology is not necessarily indicative of future results.
Leave a reply