Forex Trader

Busted or not, nasty market today. I am looking at several pairs, the techical levels have been moved for 50 pips or more, fail breakouts on the EUR/USD as well. It’s not so strange that market is adjusting for new levels, creating a new resitances, supports and moving trendlines for several degrees. I hope that you are aware of that when you trade with tight SL orders, protecting yourself near these levels!? Be careful and don’t hurry back in the positions after you were busted. Traders are usualy change their trading decisions when it comes to this, don’t do that. Take a break, tomorow is a new day! 😉