Took the opportunity to short USD/JPY as it dropped through this hour's low. If it exceeds this hour's high, I'm out. The idea is that we've bounced from a touch of a descending hourly trend-line.
Short 2,000 USD/JPY from 104.97
Initial stop: 105.32
Initial exposure: -35 pips, $7.00 or 11.96%
Gave me a couple of pips right off, but now taking them back. Pretty wild times with storied Wall Street firms like AIG blowing up left and right. We shall see...
Current closed equity: $58.55
Current position: Short 2,000 USD/JPY from 104.97
Current exposure: $7.00 or 11.96%
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment