I generally prefer not to short pairs that are up significantly on the day, but sometimes it works out. Again, entries are not all that important anyway. This trade was very nearly stopped out at about 8:30 this morning, but it has now reached the risk-free point. You just never know what color marble you'll be drawing from the bag. At least I'm sure that this one isn't a loser.
Current open equity: $318.96
Starting equity: $269.56
Current position: Short 2,384 GBP/USD at 1.4976
Current exposure: 0
Friday, November 21, 2008
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