Is 20 pips enough?
Price inched lower again during early NY trading, as US retail sales and consumer sentiment data came out. It was again capped at the 1.2065 level.
Last night when I wrote my update about taking more small bites of the apple, price was at 1.21; putting me in 20 pips of profit. Was that enough to have closed the trade or was it worth holding on for 30 pips at least?
I would have had my 30 pips if I was awake during the London session when it reached back up to 1.2130.
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