Wednesday, April 1, 2009

Trade Result - EUR/CHF +0

This trade did nothing after my last post. To recap, the trade opened short when the pair closed below the lower channel line at the end of the 1000 EDT hour bar. I was in at 1.5101. It moved back up into the channel, then fell to our +30 break even point about 1800 EDT. The pair quickly reversed and took us out at break even just after 1930 EDT. Net of +0 for the trade. I'll be back later with the next trade idea.

Happy Trading!