Monday, December 8, 2008

Failed stack attempt

I just tried stacking on another long leg at the topside break of this hour's inside bar. The result was a quick stop-out. I'm leaving the stop on the main position where it is, so I still have a win locked in. I only risked 1/2 the locked in profit on the stack.

Entry: 1.4894
Exit: 1.4836
-58 pips on 2,378 units of GBP/USD


Current open equity: $202.59
Starting equity: $184.06
Current position: Long 2,760 GBP/USD at 1.4695
Current exposure: Locked in +$13.80 or 7.5% of starting equity

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