10 August, 2010 14:05

10 08 2010

All talk today is on the FED statement released later on. In the meantime the EURUSD keeps falling. Low established from this morning’s low of 1.3136. Price broke through and trade initiated at 1.3121 stop at 1.3138 with 1st TP at 1.3113.

First TP hit very soon after trade initiated so risk is now off the table.

Trade opened yesterday is still open so in total, 2 contracts open with both stops at 3259 1.3138.

Update – Stops moved to 1.3115 and shortly stopped out for16 pips on two contracts and 21 pips on the remaining. Trade from yesterday stopped out for total of 137 pips.

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