Free Signal Update

The Eur/Jpy Short ended up getting stopped out and losing -35 pips. The error of that trade was that my stop loss was too short as it hit the stop and went back down. The trade idea worked I just did not give my stop enough room. Has anyone else every had that happen to them before? That is something as a trader that I think we must all deal with from time to time.

So far for the month of April Winners Edge Trading is – 34 pips. The Eur/Gbp I ended up stopping out again at + 20 pips. The pair is in a trading range so every time it drops down I have been getting back in long. The pair is now in a trading range and it has been possible to take advantage of the range.

The Signal for today is Aud/Jpy short.

Short 87.50
SL 88.05

TP 86.00

As always move the SL to break even as soon as possible.

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Casey Stubbs is the founder of Winners Edge Trading, which is one of the most widely read forex sites on the web. Winners Edge Trading has trained thousands of people to trade the Forex markets.

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