July 13, 2009 200+ Forex Pips

This is my second forex trading results report. Today the upside momentum is pretty strong and decisive for both euro and pound. The long side directional bias were reinforced when pound held its ground at yesterday's low (1.6165), and euro took a breakout to the upside of its daily pivot point (1.3959). Those price action were perfect for forex swing trading.

All pound positions were closed at 1.62139. And euro positions were stopped out at 1.3964. The stop loss might be moved too close. Anyway, can't complain much for a 200+ forex pips day.