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Tuesday, February 05, 2008

My EUR/USD Trade (05-02-2008)


*Attached chart. Click on it for the enlarged version.

Hello everyone,

My trade today on the EUR/USD.

With my secret analysis :)

I shorted the EUR/USD at 3:50pm [Singapore Time] | 7:50am [GMT], at the price line of 1.4807.

My stop loss is at 1.4835(28pips) and target profit at 1.4735(72pips). Risk : Reward = 28 : 72 = 1 : 2.5

Currently, I am 46pips in the money. I have shifted my stop loss to protective stop at the price line of 1.4806, 1pip from entry. Confirm 1pip profit :)

Will update when this trade is closed :)

Peace and trade safely everyone...

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