Early weekly review
18 Oct 2013
Well, what do we have here.
EURUSD went up to a high of 1.36815 (floating gain of 140 pips approximately)
No sign of our earlier SL 200 pips at 1.33410 being touch.
For those who still have this opened, i suggest you moved your SL to secure at least a Break Even for yourself.
For those not greedy, get out now and pocket your pips.

Now as per my earlier post on the 4H, we were holding onto our earlier entry 1.32176.

Prices peak at 1.36815 (approx floating gain of 460 pips)

Not bad for risk of 200 pips SL setted earlier.

Again, you have choice to bail out or set whatever new SL you are comfortable with.

You could use Trailing Stops (TS) at this point onwards since you would not be monitoring it anymore with your SL secured at positive pips.

See you all next week! If time permits, lets explore other major pairs like USD/CHF, USD/JPY and GBP/USD. But for those who are comfortable with EUR/USD, please stick to it.