Wednesday 21st October 2009

There was a very clear bullish pattern on Wednesday morning. We went Long as soon as price closed above the 1.4939 Resistance line around 7:45am. Entry was at 1.4940 and the first position was closed at 1.4967 for a profit of 27pips. The second position was closed at 1.4996 around 8:45pm for a profit of 56pips.