It’s 5:05am GMT, Wednesday.
I just covered my short at 1.2956 for a good 270-pip profit.
I’m learning that the less I trade (or, the less impatient I am), the more pips I can make.
Here’s the 4-hourly chart of EUR/USD as of now:
Breaking news! EUR/USD is trading under 1.31 – record low not seen since April 2009. Bravo, Greece! And also bravo, Spain.
“Concern that Spain was readying to ask the International Monetary Fund for money is among the issues weighing,” said Dan Greenhaus, chief economic strategist at Miller Tabak.
Here’s the 4-hourly chart of EUR/USD:
It’s 5:40am (GMT) Thursday.
Sold EUR/USD at 1.3226
SL as per trading plan
Target: Open
Here’s what the 4-hour chart of EUR/USD looks like right now:
