Wednesday, August 12, 2009

Hitching on the trend train


This is a trade that I'm currently in that was based on trend line. This style of trade is not what I normally do with FOREX pairs (I normally trade based on S&R stuffs).


I guess, I am now starting to expand my trading arsenal a bit.


To be honest, trend lines are not new to me. I use it a lot during my stock trading days.


I like trend lines. It makes trade management a lot easier.


So let's see how far this pair wants to go. In any case, I've already marked possible trouble area on the chart.

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