That trade looks like a good Buy, I do see a major hurdle at 1.3425 but it could run here.
BUT I am a Mad Bastard I am Selling into this rise with Two Sells and will build this into a basket of 6 Sell trades hopefully. I actually hope this rises another 300 pips because this gives me a decent size Sell postion when it falls in a couple of weeks. That means I may be 2K in the red but this is just how I make money on the Day Chart. I will start to Buy as well to buffer any major draw downs but only as a insurance policy. My sell trades are not large.
