Tuesday, November 11, 2008

Short EUR/USD @ 1.2663

Closed three trades early for a total of -30points between last night and this morning. Most were based on false breaks, one longer term USD/CAD trade.

Caught the correct breakout this morning and have been short the EUR/USD since 1.2663. Unfortunately, we have several lines of support coming in the future yet I'll do my best to hold on to this for a full blown breakout, looking for new lows.

As the account stands right now, I'm at -3.6%, not including unrealized profits.

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