Forex Trade - September 4, 2008

I was fairly certain that I wouldn’t have had time to trade last night.  I got home, had to work out and then head downtown to help a buddy mount his LCD TV on the wall of his new apartment.  I have more on that story later!  With all that to do, I only had a window of about 10 minutes to check out the charts.  I went in and saw the EUR/USD had just started rising from a lower barrier.  The only thing that concerned me was that we were rising fairly close to the days high.  But, the Euro was moving up all day.  It felt fairly safe so I finally jumped in on a buy trade at 7:27pm.  I started to get my things together to leave when my trade hit for profit.  I was only in this one for just over a minute!  Now, that is definitely the quickest trade I have had with my “slow” evening strategy.  Oh well!  I sure as hell wont complain about a profit.

Trade Summary:

Buy EUR/USD - 1.4489
Close Trade - 1.4494
Pips = 5

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