Catching a few pips on EUR/USD
I got in EUR/USD last week at 1.29778 last week and added to my position this morning at a lull in today’s rally. Average position basis is 1.30968. I wish it was a little lower, but this should be good for a run to 1.32 at least…perhaps 1.33. Still trying to decide my exit point.
Update: I sold this position into a strong rally for 1.31670. With the 1:100 leverage in my account, it worked out to a 56.2% profit. I’m sure I could have done better, but I just felt greedy and wanted to lock in my profits.