Oz seems to have stopped falling for now. Going long if it breaches the highs of a couple hours ago. The logical stop-out point is a bit farther away this time, so the position size is smaller.
Pending order(1): Long 5770 AUD/USD at 0.6760
Pending order(2): Short 2885 AUD/USD at 0.6837
Initial stop: 0.6683
Initial exposure: 77 pips, $44.43 or 15.00%
Current closed equity: $296.20
Current position: flat
Current exposure: 0
Tuesday, November 11, 2008
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