Tuesday, February 10, 2009

Trade Result - EUR/GBP +72

This trade did come back around on the buy side closing above my buy line at the end of the 0800 EST bar. I was in at 0.8790. The pair rose pretty steadily for a couple of hours. I moved to break even at +30 in the first hour and was stopped out during the 1200 EST bar (at about 1225 EST) for a +72 pip gain.

This is one of my favorite pairs so we'll be seeing it again no doubt.

Happy Trading!