Sometimes they give money away.....

Sometimes this trading deal gets pretty easy. Not often enough, but sometimes it's just like getting free money.

The first chart is the Swiss Franc vs. Japanese Yen pair, daily time frame. Click on it to enlarge. Notice anything dead obvious? Yes, it's been in a box forever. Why? Probably because most people don't care. (The weekly chart is even less exciting.)

So last night, I bought this pair.....the second chart is a 4 hour chart of the same pair. You can see at the circle, and green line, I got in. The top line is where I got out. I don't know if it will reach the top of the channel, or "box", but it doesn't matter to me. I just wanted to take profits where it would be reasonable to expect it to go, without holding on to it for a few weeks possibly.

So I decided to buy it at 97.60. My profit target was 98.30. The best part of this trade is that I got in 5 minutes before going to bed. I woke up this morning already out with the 70 pip profit. This is the best kind of trade in the world. Had to love this trade mainly because of the hammer on the four hour. All while sleeping. I love this game sometimes!

So far the month is going well, as I am up 5.13%. Nothing to bitch about here.