Forex Day Trading - EUR/USD

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

The pending BUY order just above the Pivot Point at 14268 was taken at 9.55am with a Stop loss of 20points and Profit Limit of 60points in place.

The market has now moved halfway (30points) towards the profit target, hence the Stop loss has been moved to the opening level of 14268 in order to protect capital. The 60points profit limit has been left in place.

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