Tuesday, October 21, 2008

Successful stack!

The breakeven buy point was hit for the 2nd leg of this trade. Due to the way OANDA executes trades, I've removed the stop losses and needed to place a pending long order to flatten the position if the pair should get back to the price where my open equity will once again equal the starting equity for this position.

Pending order(5): Long 3768 EUR/USD at 1.3254

I will also be looking to stack on a 3rd leg someplace...

Starting equity: $127.07
Current open equity: $179.84
Current position: Short 3768 EUR/USD at 1.3194 (avg.)
Current exposure: 0

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