Popped a trade out of the box after significant gains by EUR/USD and then started falling to support regions:
8:40 AM -
Sell 100,000 at 1.4789
S/L - 1.4805
T/P - 1.4770 (50.0 Fib Line)
9:24 - And then it just sat there… stagnant - no more than 5 pips up or 3 pips down. Oh well… Like watching a rope freeze.
The fundamentals say it might sit there all day until the FOMC meeting minutes are published at 1:00 PM. Going to sit on the trade all the same.
After 2 hours, it was up 5 PIPs, so I took it.
11:51 AM
Buy 100,000 at 1.4784.
Net Gain of $50.00
That's it for today. Made 1 trade and $50.00.
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