Wednesday, November 19, 2008

Hello old friend

I haven't taken a setup in EUR/USD for a long time. Here's the plan:

Pending order (1): Long 5,206 EUR/USD at 1.2651
Pending order (2): Short 2,603 EUR/USD at 1.2713
Pending order (3): Short 5,206 EUR/USD at 1.2589
Pending order (4): Long 2,603 EUR/USD at 1.2527
If order 1 is triggered, cancel 3 & 4.
If order 3 is triggered, cancel 1 & 2.
Initial stop: (1) 1.2589 (3) 1.2651
Initial exposure: 62 pips, $32.28 or 15.00%


Current closed equity: $215.23
Current position: flat
Current exposure: 0

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