Friday, December 12, 2008

Repositioning

Consolidation has continued for a couple of hours, and this has allowed for a smaller pip risk. Here's the new order:

Pending order (2): Long 1,444 GBP/JPY at 135.36
Initial stop: 134.39
Initial exposure: 97 pips, $15.52 or 15.00%

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

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