Tuesday, November 17, 2009

Stop to breakeven

USD/CHF has rallied nicely into the $1.02 area but is now pulling back. I'd prefer to see a nicer close on the 4hr chart, but I'm moving the stop to b/e anyway after having a profit 2.5x the original risk. If the stop does get taken out in a retracement, I can always re-enter at a better price.

Current open equity: $23.61
Starting equity: $18.77
Current position: Long 550 USD/CHF at 1.0081
Current exposure: 0

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