Friday, November 21, 2008

New new plan

Scratch the Aussie idea. GBP has drawn a 'pin bar' pattern on the hourly chart, and I'm playing that instead.

Pending order (1): Short 4,768 GBP/USD at 1.4976
Pending order (2): Long 2,384 GBP/USD at 1.4885
Initial stop: 1.5067
Initial exposure: 91 pips, $43.40 or 15.00%

Current closed equity: $269.56
Current position: flat
Current exposure: 0

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