Thursday 7th January 2010

Today's trading started with the market drifting downwards. We took a Short trade when price breached the 1.4376 Support line around 8:00am. Entry was at 1.4368 and the first position was closed at 1.4346 at 11:15am for a profit of 22pips. The second position was also closed at 1.4346 around 3:30pm for a profit of 22pips.