Went long at 1.4229, right in this area which was resistance last week, and should now be support as we're approaching from the top. With there having been a gap, I know there was demand in this area, and we've had a period of selling during an uptrend that has poked right down into a place where recently demand exceeded supply. Good place to try a long... even with the open waaaaay up there.
Current closed equity: $59.15
Current position: Long 2800 EUR/USD at 1.4229
Current exposure: 42 pips, $11.76 or 14.66%
Monday, September 15, 2008
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