Sunday, June 29, 2008

EUR/USD gap trade closed for 6pips. Lousy but...it worked.


The screenshot shows the original entry and subsequent stop out (red circle) as well as the second entry with take profit (green circle).  Keep in mind there was a pretty killer spread of 10 pips...so when the trade was closed, it was actually closing at the gap close price level.  Make sense?

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