Today, we had a downward trend coming into the London Session. There was an opportunity to go Short when price broke the 1.4628 Support and then retraced to confirm that level. The 20SMA held steady so we went short when price closed at 1.4627 around 6:45am. You could have entered earlier when price initially broke the support if you were awake at the time.
The first position was closed at 1.4605 around 7:00am for a profit of 22pips. The second position was closed at 1.4583 around 8:15am for a profit of 44pips.
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