July 11, 2008
202 Pips In 2 Days
Two days ago I went long EURUSD and just sat on it. My aim was to build up a larger position in the Euro on pullbacks because I believe this currency pair is going through 1.70 over the next few months. Today I sold half my position after bagging a +202 pip profit.
Days like this make up for all the recent crap and stop losses I had trading this market over the last month.
I think I’ll have a nice beer or three!
BTW, I’m back from vacation. Posting to resume over this weekend and boy do I have a lot to write about!
