Trade photo

It's a 20 pip stop loss with a 30 pip profit target.

The risk to the trade is the fact it's very early in Tuesday trading and anything could happen when Europe and the US markets open.

I will close the trade before US CPI on Wednesday as it could create volitility and a pre-event anticipation trade may be appropriate.

Feel free to email any questions: johnelfedforexblog@gmail.com