Monday, October 13, 2008

Next setup...

Looking at getting long EUR/JPY. If equities happen to snap back, this should be a good place to be. The trigger point is just the high of an inside hourly bar.

Pending order: Long 2900 EUR/JPY at 135.50
Initial stop: 134.70
Initial exposure: 80 pips, $23.20 or 14.85%

Current closed equity: $156.23
Current position: flat
Current exposure: 0

No comments: