Thursday, December 31, 2009

Long on Poundsterling Dollar Trade

Just like the previous post, I've waited for price to signal long for a trade and here it is.
A nice trade taken before New Year 2010, spread was widen, however setup was really tempting to take.
First target has already hit for +80pips and letting the rest run.
There are enough rooms for price to go further up, so in this case, I'm letting the trade run.

Chart:

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