The last trade of 2007

I've just closed my last trade for 2007 and it has made me 50 pips for a 20 pip risk. It was a 3 Duck's Trading System setup. All my Ducks where lined up in the same direction so I was only interested in buying EUR.USD this morning, a break of yesterdays high seemed like a good spot to get involved and the round number at 1.4700 seemed like an obvious target. The position never really got into trouble and my fixed 20 pip stop-loss did the trick!

Another currency pair that is obeying The 3 Duck's rules is the AUD.USD. All your ducks where lined up this morning on the Aussie for a BUY.

Happy New Year,