The Ultimate FX Predictor

An 8 pip loss on the EUR/USD this afternoon. This currency pair has been going sidways all week so I was a bit reluctant to get involved until it had begun to show a trend again but we must stick with the system and fortunately I didn’t lose much at all.

Interestingly as I’m writing this the market seems to be trying to break the support level driving it sideways, and of course in retrospect its easy to wish I had a larger trailing stop as I would have made 60 pips profit on the trade up to now but theres no point contemplating the ‘what if’s’ because if theres anything I’ve learned about this it’s that I have to stick to the system if I want to make long term profits.