This trade is open and has moved to break even. The signal to enter this trade was given when the 1000 EDT hour bar broke the lower support line on news that the Bank of Canada would hold off implementing their "quantitative easing" policy. The pair fell off the cliff on that note and has been moving down a bit since. I did not get to check the trade until a bit after the close of the bar, so I got in at 1.2285 (a bit better than the bar's close). The pair moved to break even for me at about 1430 EDT and has edged down a bit since. The purple line is the price the pair has to hit in order to move my 20 pip trailing stop loss. I'll keep you updated as things develop.Happy Trading!
