Update on EUR/CAD trade

Posted on 02. Jul, 2009 by admin in Uncategorized

Tech tipsComputer Tricks

I decided to not close the EUR/CAD trade, and if you have followed my advice you should still be well above 100 pips in profit at the moment. It did have a little break above the trend line I draw, but not very significant so I stayed in. Currently it is looking good and we are breaking some short term support lines. I will let it run some more but I think I will close sometime today, as we have several important news coming out today; NFP among others. However I will move my stop loss to +50 pips now just to be sure. I will let you know when I am taking the next move. To be continued.

Update: Trade went against me and was stoped out at a profit of 50 pips.

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