EURGBP Breakout

A chart with short explanation shows how I anticipated a breakout. I happened to got it right and the trade went in my favor.

I don’t want to make it seems that I am always right with my trades – I was stopped out from my crude oil long position yesterday. There was a sudden plunge in price due to a rumour/speculation of a possible Strategic Petroleum Reserve release.

I am thinking of starting a new website on trading currencies. I already has the domain ready, just that I am lazy to get it going. ๐Ÿ˜›

(click on chart for bigger view)

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