My EUR/USD Trade (25-03-2008)

*Attached chart (Before). Click on it for the enlarged version.

Hello everyone,

I opened a long position on the EUR/USD at the price line of 1.5550 at 6:01pm (Singapore Time) | 10:01am (GMT).

Price action movements which I called my "Ambush" method in my dictionary of analysis plus supported by market refusing to go below the [Ash Weekly Pivot Point], Fast and Slow [Ash C Wave] still up, MAs up and [Ash Cross Over] kissing.

Stop loss at 1.5519 (31pips) and Target Profit at 1.5640 (90pips). Risk : Reward = 31 : 90 = 1 : 2.9

I have shifted my stop loss to protective stop at 1.5551 (1pip in the money).

Will update as trade goes by :)

Peace and trade safely everyone...