Forex Trade - April 7, 2009
Holy shit it has been a long time since I made a Forex trade! I just haven’t had time with school and everything. So, last night I finally had a little chance to fire up the charts and see what was going on. I honestly didn’t want to do too much thinking. I just wanted to take the most basic information and pick my direction. More than anything this trade was just about getting my feet wet again. Lucky for me my timing was perfect. I noticed a large downward movement earlier in the evening. Normally this would keep me off the charts but I really needed to trade. I saw an opportunity for a sell trade and I jumped on it without hesitation. I sold the EUR/USD at 9:46pm. I was in the trade for about 1 minute and then I walked away with a 3 pip profit. I know, not a huge gain. It did feel good to actually make some money in the brokerage account of mine again. Hopefully with the end of my first semester on the horizon I will be able to get more trades in! Here is the chart and details of last nights deal.
Trade Summary:
Sell EUR/USD - 1.3358
Close Trade - 1.3355
Pips=3
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