USD/JPY took out the day's low, and the trade has started off producing profits right away. That's what I like to see. I'll now be looking for an opportunity to move the stop to breakeven if I don't get stopped out first.
Current closed equity: $103.73
Current position: Short 2,128 USD/JPY at 88.27
Current exposure: 65 pips, $15.60 or 15.04%
Wednesday, December 17, 2008
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