Sorry this update is behind schedule. I've been down with a cold for the last few days and am a couple of posts behind. I'll try to catch up today.
The sell limit on this trade was hit about 0500 EDT on Monday morning. I was short at 1.2900. Without any delay, the pair rose to take me out at my stop of 1.3000 just before 0900 EDT for a -100 pip loss. The pair closed above the resistance line for the first time in a good long while, then fell back below. I entered the trade again, but that's the next post.
Happy Trading!
The sell limit on this trade was hit about 0500 EDT on Monday morning. I was short at 1.2900. Without any delay, the pair rose to take me out at my stop of 1.3000 just before 0900 EDT for a -100 pip loss. The pair closed above the resistance line for the first time in a good long while, then fell back below. I entered the trade again, but that's the next post.
Happy Trading!
