Wednesday 7 April 2010

EURUSD - Trade 3 Short

Looked for Another Short on Tight Stop.

Seen possible entry on 1 min chart with a 4 pip stop.


Closed out 80% at +23 pips.


Second position floating +18, potential to drop if I get a runner. Note to self - Moved stop to B/Even at plus 8 or 9 pips.

Like the idea of free trades with low risk.

+43 pips today so far banked.

Update@21:10GMT - Second 20% stopped out at break even, was up +41 at one point, however wanted to see if a move was on, stayed inside a pretty tight range all day. Not bad results considering.

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