GBP has launched through the 1.50 level, taking this trade as high as +350 pips. It has since backed off, but that is to be expected. Moving the stop to lock in 100.
Current open equity: $242.32
Starting equity: $184.06
Current position: Long 2,760 GBP/USD at 1.4695
Current exposure: Locked in +100 pips, $27.60 or 15.00% of starting equity
Monday, December 8, 2008
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