Beating Alpha

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EURUSD – trading the gap

9

Not many gaps opportunities around. Only one decent spotted in EURUSD. Went straight up after the gap was created and now testing the previous high at 1.2917. I have put my sell stop at 1.2850 with target of 80pips, SL 50 and trailing stop 49pips. I might change the trade since I am not planning to go to bed in next few hours. Observing the level of 1.2915 will hopefully tell more. Until that time the trade is set.

 

UPDATE: SL tighten to 30pips

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