Daily Archives: 2011/02/22

EUR/USD: two long trades with net profit

I was playing the long side in EURUSD today after the pair broke the falling 4h trend. The first trade was stopped out at the initial risk level (bought at Bar1, stopped at Bar2). The second long ofered an even better risk/reward and has shot up to my target at 1.3680 (bought on the long bullish candle at Bar3, took profit at Bar4). Loss 36 pips, gain 100 pips…