03/12/2010 EURUSD CTT Trade

by Hugh Kimura on March 12, 2010 · My Trading

eurusd counter trend trade

Click above to enlarge

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!

About The Author: Hugh Kimura
Hi, I'm Hugh Kimura and my mission is provide you with the very best information about trading and living better through research and my own personal experience. You can also follow me on Twitter and Google+. Note: All information is for entertainment and education only and is not investment or trading advice.

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