Forex Video Forecast : EURUSD for October 16th and Where and Why to Place Stops

The EURUSD has been in a strong upward trend the last couple of days and has had a small pull back, followed by a retracement back to a double top. There is only one trade that we are really looking for on the EURUSD for the upcoming London and New York sessions. Please take a few minutes to view the following video for the trade setups that we are looking to develop. Also we have put together some material on where and why to place stops when you are trading. We will continue that discussion for the next couple of weeks. Thank you for viewing our forex training video.

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