Latest trade for 100 pips of profit – July month up with 459 pips
Posted on 28. Jul, 2009 by Jakob in Forex Signals
Post nr. 100! July 27th I posted a message on Twitter to short EUR/USD at 1.4260, risking 1% on a 100 pip stop loss, and with an open take profit level. 2 minutes ago I posted a message to close the trade as it is now trading a 1.4160. It might be able to go further down, maybe all the way to 1.4000 before going back up, but as the push down was driven down by the news, I think it is a better idea to take profits quickly. After all, the trend is bullish, so I think this was a good exit. I might be looking into a long position, if and when it reaches 1.4100, but that all depends on a lot of different aspects. All the details of this trade (and all the other ones I have taken) have been posted here on TradeProfits, Twitter or by email to my newsletter subscribers. So far this brings me up to a total of 459 pips of profit or 5.59% for this month. All of which have been free for all readers, followers and subscribers.
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