Tuesday, June 17, 2008

AUD/USD stop moved to B/E


I still believe in the trade overall but have moved the stop to breakeven and will look to score a better long position as well as increase my position size.  Limit buys set again at .9403 & .935.  A serious break and hold below .9335 will put a hold on this trend and make me take a second look at the situation.

The screenshot shows the +/- pips thus far on the trade as well as the adjusted S/L & entry point.

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