I covered my 2 short lots today in EUR/GBP for a net profit of 80 pips (40 pip profit * 2). After yesterday’s drop I had adjusted my stop to break even and this morning I awoke to find that price had already touched my target of .6691 but didn’t penetrate it so I didn’t get filled.

I got antsy as the 1-minute chart started to roll over so I went on ahead and closed the position out at .6693 as I am heading out with my wife today to look for some stuff to put in our new home and wasn’t going to be able to monitor the position. I’ll try to do some more in depth market analysis this weekend (both in the equities and FX markets) to see where my next play is going to come from.

As for now, I gotta run. Happy trading!