Wednesday, May 13, 2009

Trade Result - USD/CHF +0

This trade broke out like we expected, but then did nothing. It opened at the end of the 2000 EDT 15 minute bar yesterday and fell quickly to the break even point (+30 pips). It then rose quickly and took us out at break even about 2115 EDT yesterday. Not much to talk about. This pair may be setting up another channel and I'll be watching it. Hope you scored some pips.

Happy Trading!