Wednesday, May 6, 2009

EUR AUD- 08:19ET



Waited for the news to be digested before jumping into this one pretty much at lows...no rules broken here. Good trade.

I'd like to push the edge and get back in at the entries that usually follow, but, for right now, I'm comfortable taking the initial entry for whatever momentum move that may follow.

20.6 pip gain on 20k....20 pip max stop.

*UPDATE* Took another entry at those lows- got stopped with the same size for 18 pips

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