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Tuesday, October 27, 2009

Monday 26th October 2009

On Monday, the Eur/Usd started off without any entries or identifiable trend for that matter. As we went into the US session, a Short entry started shaping up with the breaching of the 1.5018 Support. This was a very clear entry and it gave ample time for any trader (who was watching at the time) to get in.

Entry was at 1.5014 around 3:30pm and the first position was closed at 1.4997 for a profit of 17pips. The second position was finally closed at 1.4868 around 9:15pm for a profit of 146pips.

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