Running Profits

Euro and Pound both moved down yesterday. The Euro moved down after hitting around the 12980 region which we all know is resistance and some profits were scaled out.

USDCAD pair also moved up a 100 or so points which in addition produced some good profits.

If the above trades are swing then lock in your profits or scale out with at least a break even stop. DO NOT let your hard earned profits dissapear so make sure you maintain your accounts appropriately.

Consider NZDUSD for shorting. Please do your own analysis.

Good luck.