The trade in detail:
1) Trend lines drawn on the 1 Hr chart. The Euro is on a slide and the trend is down. We are waiting for a retrace and resume our shorts.
2) I went short in the area of 110.50 (15m TL) and added allot more at 111.60 (1hr TL)
3) She started to fall and retraced. I kept positions open as we are still under the 1hr TL
4) And she falls…. Closed all my positions at BE for the 110.50 positions and collected 100+ pips on the 111.60 positions entered at 111.60. Locked in a $3,000 profit in less than 24 hours





