Took my 6th trade of the year today, which resulted in a marginal win. Marginal, but a win nonetheless! Saw some high volume on an up bar into new ground on the hourly. Went to the 20min and waited for the No Demand. Entered on the low of the bar. In retrospect the volume on the hourly could have done with being a little higher. It moved down and I was about 20pips in profit at one stage. This reversed quickly and ended up being a shakeout/test type bar. I exited towards the end of the bar with the 1pip profit. (Marked "exit bar" on the 20min chart). Short term I was correct to get out of the trade. It didn't stop out and would have eventually hit the original profit target of 1.3690. I think this may be more by luck than anything else. Having said this, Eddie seems to have hit resistance around 1.3760.
Trade 6 - EUR/USD (Eddie) - Sell @ 1.3726 - Closed @ 1.3725 = 1
Eddie 1hr
Eddie 20min
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