EURUSD five minute chart
Good morning Pipsters. Here is this mornings trade from the Trading Floor. The trade was taken on the EURUSD five minute chart. You will see from the one hour chart that the EURUSD is in a trading range between 1.3480 and 1.3500 As price approached the 1.3480 level I waited for a second entry long and entered one pip above the low test bar. The market moved in my favor and I exited the trade at just over one percent with 9 pips.