If you have been following this pair then you know that it has been falling for most of the day. It has shed about 350 pips since this morning at 0800 EDT. While I took the trade off based on the entry I posted a few days ago, I did take this trade and am up about 300 pips so far. I don't feel that I can count it in the statistics we keep on our Forex trades, but I hope that you were watching and got in when it broke resistance. The trade as it developed looked like this:
I'm still in this trade and I hope you got in as well. We knew that it would fall. It fall to 140.00 or below. This could be a big winner. I'll update how it is going as things develop.Happy Trading!
