202-pips-in-2-days

forex-071108

Two days ago I went long [EURUSD]{.small-caps} 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]{.small-caps}, I’m back from vacation. Posting to resume over this weekend and boy do I have a lot to write about!

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