20/40 Rule on a GBP/USD Trade 030310


On my first trade,i had to close early as a downward trend was forming.Had a 11 pips win.My second trade a Reversal Pivotal Point forms,my 20/40 Rule sets in,my Entry Point - 1.5041.Stop Loss - 1.5065 and Profit Target - 1.4990.Profits earned 51 pips.It was not an easy trade as most Traders rather wait for the NFP on Friday.