3 June 2009

Yesterday trade:
First trade long at 1.6378, TP1.6438, 60 pips. (Retracement trade)
Second trade long at 1.6486, TP at 1.6580, 94 pips (Breakout trade)

I expect a retracement and side movement for some profit taking.
Long 1.6493, TP 1.6563, SL 1.6384. (Retracement trade)
Long 1.6428 TP 1.6533, SL 1.6320 (Retracement trade)
Long 1.6605, TP 1.679, SL 1.6320 (Breakout trade)

I will cut all long position at 1.6230 and place short positions