Monday, September 29, 2008

Whoa!

Now that's a nice move! The rate dropped by more than 300 pips in 4 hours. Definitely locking in a nice chunk. Trade is up by 570 pips... I'll certainly be keeping 300.

Current closed equity: $29.40
Current position: Short 750 GBP/USD at 1.8566
Current exposure: +300 pips locked in, +$22.50 or +76.53%

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