I have just come back to the flat from the marina to check the progress of this trade.
The pair have now pushed up through the 2.4800 level and are now trading at 2.4810. Given that this is a huge up bar, and that the old top has been penetrated, I would now leave this trade on for a few days. The profit on the table at the moment is approaching 200 pips, so you should have made plenty of money, even with a minimum trade of one contract. The beauty of the trade ofcourse is that you are making money on the carry trade as well – a double whammy. It is very simliar to when I used to trade options – I was always looking for a triple whammy of keeping the option premium, holding on to the stock and also picking up a dividend on the shares themselves – difficult to achieve but it used to happen occassionaly.
Anyway – I hope you followed this trade – I’m off for a cup of tea and cake on the terrace while I look at the sea as the sun goes down on the horizon!!