22 July 2008

EUR/USD - Sell @ 1.5881 + 10 pips profit

Hello again my friends,

Today was another great day in Forex Market. Who made it great ? EUR/USD.

Let's see the chart:

What do we have here ?
A little bit of Perfect Setup !
Everything happened after 12.30PM GMT.
EMA's crossed and same time broke a mini-TL.
The RegChan was also broken after 1 hour and half and turned MACD down.
After 30 minutes the price retraced and W%R gave us the signal.

Entry order:
SELL 2 lots @ 1.5881
SL: Too far to be hit
Target hit in about 25 minutes.

Profit for today:
10 pips x 2 lots x $10 per pip = $200

And that's all for today. Remember, the moment is important. If you catch it you got it.

Happy PIPpin' !

No comments: