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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
u know...
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1 of our 2 EURUSD shorts was stopped out at 1.3300 today despite having issued the trade on Aug 29 to short between 1.3210-1.3240 for a target of 1.3100-1.3130 & a stop at 1.3300. Although EURUSD fell to 1.3105, we could not declare it as "hit all targets" because the final 1.3100 was not attained. Although many clients have entered between 1.3210 and 1.3240 for a 90-100 pip profit as the pair reached 1.3105, we listed the trade as a loss. Such a disciplined approach can sometimes work against our stated performance despite clients having profited.
Ashraf