03/12/2010 EURUSD CTT Trade

eurusd counter trend trade

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Here is my Counter Trend Trade for March 3rd.

This trade hasn’t been coming up too much for me recently but this was a good one.

Price missed the central pivot and hit R3 on the same day, so the trade was on!

I immediately jumped in with one lot after price formed the long-tail bar after hitting R3.  I then proceeded to stack positions all the way down to my target of 3680.

There were a total of 20 lots in my stack and I made +15.7% on the account.  I followed the rules on this trade and it worked well.  On to the next one!