Monday, December 22, 2008

This trade hasn't been easy....

I got knocked off the stack trade over the weekend, and nearly got stopped out of the whole position. EUR has come back down, and I've re-entered another short to try and stack on more size again. That trade started out well, then turned and nearly stopped out, and now is on it's way back to profits. Wild times indeed.

Entry on new stack trade: Short 1,322 EUR/USD at 1.3970
Stop: 1.4022

Current open equity: $79.09
Starting equity: $63.69
Current position: Short 2,030 EUR/USD at 1.4043 (avg)
Current exposure: $7.00 or 53.89% of open profit at risk

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