Wednesday, September 3, 2008

Trade closed for misbehavior

The hourly bars gave an 'inside bar' break signal in the long direction. With EUR having gotten so oversold over the last few days, I figured this was a low-risk point to try and catch a reversal. If I am wrong, I won't be wrong for long.

Previous equity: $113.04
Pip change: +43
Change: +$16.36
% Change: +14.47%

Long EUR based on DIBS setup at 2:16am:

Long 4425 EUR/USD from 1.4452 at 2:16a.

Initial stop: 1.4416

Current closed equity: $129.40
Current position: Long 4425 EUR/USD
Current exposure: $15.94 or 12.32%

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