IS EUR/USD too risky to trade? | Currency Futures - futures trading strategies, market news, trading charts and platforms

Currency Futures

This subforum allows you to find traders that trade Currency Futures. You may post about anything to do with trading currency futures in this section


IS EUR/USD too risky to trade?

  #28 (permalink)

Brisbane Queensland Australia
Posts: 3 since Aug 2015
Thanks: 0 given, 3 received

There is nothing abnormal about those sorts of price movements. Use stop-losses religiously; not just mentally. I set them before I even place a trade. I think you will find that the larger the time frame, the more reliable and less sporadic the price movement. I'm going to assume that you're making trades based on one visible screen worth of chart data. In that case, it's near impossible to determine where you are in the bigger scheme of things, and movements like that are sometimes quite predictable on a larger time frame where it would be a clear break of structure (support/resistance) for example.

Reply With Quote
The following user says Thank You to MatthewD for this post: