Thursday, September 30, 2010

How to make $1000 in few hours in Forex

Today I took another position in EUR/JPY
Here is my step by step approach:
First I look at 30 min, then go to 15, 5(not included) and 1min chart for entry. Another positive day $1,000
The reason I closed all of my positions is because my target of $1,000 was achieved. I didn't want to close only the half (that what most traders would do) because I was busy with my son. It was dinner time and bath time for my baby. My position was open for 5 hours anyway and I wanted just to close it and forget about it.
In my last picture there are some way you could manage a trade and hold until the end of the move down.

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