We talked about this trade in mentoring, our Forex class, and here on the blog last week and just wanted to update the trade. We have reached our first profit target which is the 1X1 Gann Level at a price of 1.3770. At this point in the trade it's time to take a very small amount of profits, perhaps 25% of your position and move the stop to your entry. Our next target is the 2X1 Level of approximately 1.4015.
It's always a nice thing to wake up at 5:00AM to profits!
Ron Wheeler
eSignal Learning
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