Holy crap I made a trade today!  I finally had some time this late afternoon and I figured I would check out what’s happening on the charts.  I spotted what seemed like a fairly simple play on the EUR/USD shortly before 5pm.  I felt a small retreat on the price would cause some jumping as people bought in.  As usual, I was comfortable getting in on a buy at this time because I am looking for small gains.  It looks like my move was the right one, although my timing could have been better.  My trade bounced around a little bit before it finally broke for a few pips profit.  I managed to grab 5 pips, which is more than I usually go for!  Here are the details.

Trade Summary:

Buy EUR/USD - 1.4962
Close Trade - 1.4967
Pips= 5

 

Tags: Forex & Money, Forex blog, forex day trade, Forex trading strategy, fx, how to trade forex

This entry was posted on Tuesday, November 24th, 2009 at 8:35 pm and is filed under Forex & Money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.