I can't say I like this setup too much, but that's not a reason not to take it. The misgivings I have are because the EUR/USD has already moved 100+ pips from the open. Volatility is very high right now, and this pair has been shorted like crazy for several days now, so there should be plenty of people poised to panic as the pair goes higher, so I think this has a shot at working. I suppose I also don't want it to work, since it's against my position in another account. No matter...
Pending Order: Long 2800 EUR/USD at 1.4202
Initial stop: 1.4160
Initial exposure: 42 pips, $11.76 or 14.69%
Current closed equity: $80.06
Current position: flat
Current exposure: 0
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment