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CURRENT MARKET TREND: Down on 1/24/2020






Friday, September 27, 2013

Updates to Open Trades

I'm still tracking the bearish count in the SP-500 and have adjusted my stop-loss lower. The benefit of trends is they allow us to adjust our stops higher or lower reducing our risk.

Chart:

EUR/USD is starting to kick in to the upside this morning. The trade is currently up 50 pipsmaking each contract up $500, or $50 per mini.

I've also been watching a bullish count in gold. Stay long with 1318 stop-loss is my current recommendation.


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