My Last Trade for 2010 on EUR/USD.


1) Winning Trade on EUR/USD. EP: 1.311 SL: 1.306 and TP: 1.316.
Total PIPs earned: 50 pips today...Hell ya!!

This trade was my last and only trade for the past 2 weeks.I usually do not enter trade in December as volatility rate is extremely low for any year.But it doesn't stop me from monitoring and memorizing the prices.What i gather after strict observation for EUR/USD was obviously in a Range.What does Ranging means is that prices is not moving.When it is not moving,means i'm not able to enter trade.But one particular behavior,i found was that prices will tend to reverse in Asian market,irregardless of whatever the outcome. Try and look in EUR/USD 4 hour chart 18 Dec till 29 Dec,and you can see what i mean.

May The Force Be With You!