Friday, December 12, 2008

New idea

Since the inside bar on USD/JPY didn't break to the downside, I've scratched that order and come up with another bad idea... long GBP/JPY. That's the first shot at that pair in this account. It's crazy wild volatile... just like my equity curve.

Pending order (1): Long 1,056 GBP/JPY at 135.42
Initial stop: 134.09
Initial exposure: 133 pips, $15.52 or 15.00%

Current closed equity: $103.52
Current position: flat
Current exposure: 0

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