Tuesday, Aug, 30 2011 EUR/CHF

I went short on EUR/CHF because there was an UT in the background followed by no demand. I entered after an effort to fall through the trend line because there was strong bearish momentum. At one point I was up 70pips, but I closed out at break even. The trade was counter trend, however there was a nice divergence on RSI, and I was hoping for a reversal.

Initial Risk 60              Result: 0