Wednesday, September 10, 2008

Setting up for pain once again...

Pretty much nothing in the way of scheduled news today. Crude oil inventories might cause some motion, or maybe not. I'm looking to short the Euro if it breaks the low it established earlier this morning.

Pending Order: Short 2800 EUR/USD at 1.4120
Initial stop: 1.4162
Initial exposure: 42 pips, $11.76 or 14.63%

Current closed equity: $80.38
Current position: flat
Current exposure: 0

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