Risk Warning: Trading Forex is inherently risky. This is not a
trade alert service and should not be taken as advice to enter or exit a
trade. It is simply a narrative of what Straight Talk Traders are
watching for, which may or may not happen. What is posted here may or
may not develop into legitimate setups on Straight Talk Trading's
Complete Response Trading System's specific entry and exit rules, which
are only accessible by STT clients.
Based on Where's the Trade?: EURUSD
Initial positions scalped out for 30-40 pips profit. Unfortunately, having to leave the trading desk meant that a tight trailing stop was called for, and thus the remainder of the positions were taken out for 15 pips' profit each. Price then went on to hit both the primary and secondary targets for the trade.
Net: Profit.
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