Forex Trades of the Week EURO EURUSD March 15, 2019

I am ending the week on a high note from last night’s algo generated BUY signal for EURUSD. It was another no brainer. Here’s why… One of the key objectives we strive to achieve with our algo signal service is to help our subscribers develop a systematic approach to their FX trading.

After entering trades nearly every day, our subscribers start to become detached with the emotions of trading. This trade was a prime example. Last night I was watching the news when this signal arrived. It was in line with my views, so during a commercial break, I checked the charts, entered my 1 lot tracker trade under the LAST quote, and my 7 lots LIMIT order at the suggested level.

The SmartPIP Number assigned by our algo to this signal is located under the TRADE cell, 14.5. This number indicated that I could go as high as 20 lots to max out my daily risk exposure. With Brexit uncertainty at an all time high,

I’ve decided to play it safe with just 8 to 10 lots total for now. After the commercial break, the news came back on. I shut off my iPhone for the night and pretty much forgot about the trade until I checked my balance this morning. As designed and intended, this signal truly turned into a “trade and forget” trade.

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