11 July 2008

USD/CAD again BUY @ 1.0105 - Target hit + profit

Hello again my friends,

Today was another great day in Forex, at least with my strategy.

Here is the chart of the trade (USD/CAD):



Good timing, after 6.00AM GMT.
Perfect setup !
Entry: BUY 2 lots @ 1.0105
SL: 1.0102 - 10 pips - 2 spread = 1.0090 (never reached)
Target hit: 1.0115 (in less than 25 minutes)

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

Too bad this week was a chaotic one but better keep distance from loss than embrace it :D

Have a nice weekend everyone. See you on Monday.

Happy PIPpin' !

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