Wednesday 7 April 2010

EURUSD - Trade 2 Short

Back to my area's of interest again, the pair trended down during yesterdays London session and early NY session, with a retrace later on in the NY session.

I decided to go short around 23:00GMT looking for the move down again during today's early London / London session.

My Entry was a bit premature, as I tried to get in early on a tight 16pip stop, however it proved to be ok (this time) - If I had waited another 90 mins for action to prove itself a better entry could have been had.

Woke up this morning to see myself around 22 pips up, decided to close out 80% get some profit in the bank and leave the rest at break even, see where the action takes me.


No comments:

Post a Comment