2010-08-12 EURUSD Live Trade

(This is a live trade shared by Eric Lye in his Forex Trading Blog.  The purpose is to share how we trade and provide the learning points.  Note that there is no absolute right or wrong about a trade, it is all about managing it well)

Entered on M15, scaled out on TP1, waiting for TP2.  Trade is risk free, hopefully trade will work out with the news coming out

[8.20pm Update]  yeah... TP2 hit before news (done and dusted). 2.4R trade

EURUSD 2010-08-12