EUR/USD Closed for Profit-Taking, 22 Pips Banked

I closed my EUR/USD position short of it's target price for a 22 pip gain.  A summary of the trade is below.


July 28 to July 29

• Shorted EUR/USD July 28 @ 1.3433
• Associated Orders:  TP=1.34028, SL= 1.3455
• Potential Gain:  30 pips
• Risk:  20 pips
• RESULT:  +22 pips (July 29th, close to target price, decided to take money off the table)
• POSITION CLOSED

For more information about this trade, see Forex Focus Daily, corroborated by Forex Focus Weekly.


Performance Summary:
Today:  60 pips
This month:  20 pips
Cumulative (since June 23, 2104):  +80 pips

Portfolio: 
No Open Positions


Open Orders:

• July 7, 2014, Order to Buy USD/CHF @0.88832, good until cancelled
• Associated Orders:  Limit Order = 91.5, SL=0.882
• Potential Gain:  267 pips
• Risk:  63 pips

Disclaimer: 
Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.