Friday, November 14, 2008

Here's my best idea

Not that it's a great idea or anything, but it's what I can come up with for now. This is a simple long breakout play based on the range of the last 3 hours. Back down under:

Pending order (1): Long 6,704 AUD/USD at 0.6570
Pending order (2): Short 3,352 AUD/USD at 0.6633
Initial stop: 0.6505
Initial exposure: 63 pips, $42.24 or 15.00%

Current closed equity: $281.61
Current position: flat
Current exposure: 0

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