Wednesday, April 14, 2010

Better UK Trade Balance

Managed to make small profit from my long trade yesterday. 10 pips to be exact. It was going against my way initially and at one point was just 5 pips away from my SL. But a better UK Trade Balance result of -6.2B against forecast of -7.3B helped turned the trade my way. No trading strategy were observed, hence the poor execution of the trade. Waited few hours for the negative trade to turn positive.

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