Tuesday 3rd November 2009

We had a beautiful day of trading on Tuesday. There was a clear bearish reversal pattern coming into the London session. We went short when price breached the 1.4769 Support line around 9:00am. Entry was at 1.4766 and the first position was closed at 1.4730 for a profit of 36pips. The second position was closed at 1.4691 around 4:45pm for a profit of 75pips.