Tuesday, October 28, 2008

DIBS on the Pizz-ound!

Looking to get long this pair on the upside breakout of the inside bar just formed. Will go for some stacking as we (hopefully) work higher.

Pending order (1): Long 4856 GBP/USD at 1.5750
Pending order (2): Short 2428 GBP/USD at 1.5804
Initial stop: 1.5696
Initial exposure: 54 pips, $26.23 or 15.00%

Current closed equity: $174.85
Current position: flat
Current exposure: 0

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