Sunday, March 22, 2009

11.5 chunnel chart

EUR/GBP chart with last week's trade. Price was just short of my target and I closed the position at .9383, bringing 283 pips profit on one lot.

Wednesday, March 18, 2009

11.4 eur/gbp lock in

Lifted stop to .9350, locking in a further 80 pip profit.

11.3 chunnel chugs on

Today's action saw eur/gbp rise sharply and the pair has just broken resistance at 0.94. My trade is now well in positive territory so I've raised the stop to 0.9270 and have set a take profit just shy of 0.95. However, this target may well be reviewed in the near future.
 
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