Tuesday, November 11, 2008

Repositioning

Based on the action on the 4hr chart, I'm dropping the prices in all orders by 52 pips. The risk is the same, but the low of the low bar is now lower.

Pending order(1): Long 5770 AUD/USD at 0.6708
Pending order(2): Short 2885 AUD/USD at 0.6785
Initial stop: 0.6631
Initial exposure: 77 pips, $44.43 or 15.00%

Current closed equity: $296.20
Current position: flat
Current exposure: 0

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