Trading in EUR/USD overnight was perfect for the Five Minutes a Day Trading strategy. The buy order was triggered by the barest of margins, 0.3 of a pip!. The market then marched steadily to the take profit level (and beyond).
This gives two wins from four trades, and because of the higher reward to risk ratio, a profit for the month so far of 54 pips. This is a good start, but with 16 trading days to go, no time for overconfidence. Still three more wins required to guarantee a profit for the month.
Here’s the scorecard:
And here’s today’s reference prices:
You can read more about the Five Minutes a Day Trading strategy in our white paper.