Wednesday, October 29, 2008

Stop moved

I've moved the stop up to the entry point. No sense in letting such a nice winner turn into just a breakeven. If this pair drops by 300 pips from here, it's just not the move I was looking for.
I'm looking to stack on another long here. There is an inside bar forming this hour, so this is probably a good place to do it. I will of course post the moves as they come.

Current open equity: $265.89
Starting equity: $174.85
Current position: Long 2428 GBP/USD at 1.5750
Current exposure: Locked in +$13.13 or +7.51% of starting equity

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