Live-Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

The pending BUY order just above the MA50 at 13198 was taken at 1.10PM with a 20points Stop Loss and 60points Profit Limit in place for the 2nd Trade of today.

The Stop Loss of the 1st trade was taken at 1.50pm with no loss. At the same time, the Market moved halfway towards the profit target for the 2nd trade and the Stop loss was moved to the opening level in order to protect the capital.