This trade opened as a buy at the end of the 2115 EST 15 minute bar at 0.8982. It move sideways for a bit finally hitting our +30 move to break even at 0245 EST this morning. I had a 10 pip trailer on the trade after that and was stopped out when it fell back a bit after hitting a high of 0.9073 stopping me out at 0.9042 for a +60 pip gain. You'll note that when trades are open during my sleeping hours I favor a tighter trailing stop. This comes from a desire to keep as much of a win as possible even at the risk of losing a bigger move. Remember Warren Buffet's first rule of investing: First, don't lose money! Good Advice.
Happy Trading!
Happy Trading!
