How to profit from FX Markets by 
(http://blogs.fxstreet.com/techtrading/2009/11/03/eurgbp-trade-plan-update/)
Finally closed the entire position at 0,8930 because of today’s FOMC Interest rate announcement and BOE’s meeting tomorrow. I closed my position 10 pips above my target because I couldn’t get filled at first and I decided to close to the market, instead of risking another bunch of pips.
That was a good trade, making 122 pips with no choppy price action included made this trade much easier to handle.
César B.Leiceaga
Well done right on time…
DEAR CESAR
Congratulation for your pro trade on EURGBP.
Also my longtrade on EURJPY closed exactly at my target:134.40 by 130 pips in 1 day with no choppy p.a. although EJ rally is continuing for 2th target 135.
I think rev. of EP is started for 2th leg of flat to 0.9060-0.91. what is your idea? probably i will take a buy pos. after confirm.
REGARDS
Thanks carlab!
DEAR A-SOLTANI,
Thanks for your comments and congrats for you EJ trade. I think EJ is going lower in the mid term. About EG I have a simple trading plan for BOE anouncement, my strategies are: I’m a seller if it reaches 0,9050 - 0,9100 and I’m a buyer if it reaches 0,8850 - 0,8800. Very simple strategy otherwise I’m not trading!
What about you??
Best Regards.