Friday, October 3, 2008

Stop and reverse

Trade got stopped out on news of bailout passage. Pair then went on to take out the low from where the advance began, which should be a good place to short.

Previous equity: $90.58
Pip change: -60
Change: -$14.00
% Change: -15.46%
(I made an error when entering the new trade, and lost a few ticks.)


Current closed equity: $76.58
Current position: Short 1500 USD/JPY from 105.40
Current exposure: 60 pips, $9.00 or 11.75%

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