We take so much time to think of the perfect entry point and then we completely discard the exit point? We shall continue to discuss the large amount of exit options that we can use in order to have some better idea of when to exit the trade with maximum profit.

The Safe heaven currencies – the US Dollar, Japanese Yen and Swiss franc, were among the best performing currencies last week as risk aversion dominated market sentiment. While Data in the US has been softening in recent months, economic data from emerging Asia has continued to be strong, second quarter GDP for most Asian regions beat expectations and other data has mostly been strong.
As Expected the Pound has continued its pullback against the safe heaven Dollar and the view taken is this has scope to continue as the Pound …

The Forex trader who only trades the EUR/USD pair has increased quantities, pyramided, or any other number of things to make this Forex market turn profits. It hasn't been easy. Perhaps it's time to spread out a little. Trade other Forex pairs.