Euro Profits

We have not posted an update earlier today as we assume most of you have taken the Euro short trade as mentioned yesterday. That being the case we should all look to move stop losses down to a swing high (plus some give on a smaller time frame) or if you want close and re-open your position again next week. Either way, you should all be in just over 200 pips profit on this pair so don't lose it! If you did not read yesterdays Euro Downside Potential post then please do so by clicking here to give you an understanding as to why we suggested a short.

Finally, congratulations to fellow trader Kenny who has just launched his new online wine merchants: www.thewinecru.com with his wife Kate in time for Christmas.

Best of luck to you guys.

Hope you all have a great weekend.


Forex Team

Anne & Javid