Wednesday, November 5, 2008

Trying again

I went ahead and got long as the AUD broke lower towards what should be decent support. I'm only risking 50 pips with the same size as the stack that got knocked off.

Long 2271 AUD/USD at 0.6861
Initial stop: 0.6811
Initial exposure: 50 pips, $11.36 or 3.75% of starting equity


Current open equity: $332.31
Starting equity: $302.87
Current position: Long 4542 AUD/USD at 0.68685 (avg.)
Current exposure: Locked in $11.35 or 3.75% of starting equity

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