Jumat, 01 Desember 2023

Lower Stop Loss on EUR/AUD

Currency Trader

Lower Stop Loss on EUR/AUD

By Imre Gams, editor, Currency Trader

Fri Dec 1 2023

EUR/AUD continues to break down. Let’s use this as another opportunity to grab some more profits and trail our stop further,

Action to take: Lower the stop loss from 1.6535 to 1.6440.

And close another 50% of your open position size. Current prices are at 1.6323. We’re up about 70% from the original entry.

That’s all for now. Keep an eye on your inbox for my next big trade idea.

Happy trading,

Imre Gams
Editor, Currency Trader

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