Ok, I'm still not in love with this trade, but it is moving some, so it will do (click here for the original trade idea). The pair broke the upper channel line at the close of the 0300 EDT hour bar and I was long the pair at 0.8875. As indicated in my Trade Idea post, I moved to break even at +20 pips (just before 0400 EDT), but have not put a trailer on the trade. I'm going to wait to see what happens here. If we get to +50, I'll save 20 pips and put a 10 pip trailing stop on (I think, I'm going to wait to see how the pair is acting at that point). I'll keep you posted.Happy Trading!
