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Top Ten Reasons to Trade with a Protective Stop

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11-04-2009, 10:06 AM

Thomas Long Thomas Long is offline

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Top Ten Reasons to Trade with a Protective Stop

Top Ten Reasons to Trade with a Protective Stop

This is quite a load with ten news events being released by the end of the week. It starts today at about 215PM Eastern with the FOMC decision and annoucement on interest rates. There is the chance of some big swings which to some may be good trading opportunities but to others be a nightmare. It is quite acceptable to let these go without making an attempt for a quick profit as that is very difficult to do with any consistency. But make sure that if you are in trade, to have a protective stop in at all times to keep this week from being a trading nightmare for you. All times on this calendar are Eastern. Here is the link to the main economic calendar:

Forex Trading Calendar | Currency Events Calendar

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