All positions are now closed...
+130 points on the EUR in addition to +10 and +50 on the two smaller lots
+34 points on the USD/CAD long
+27 points on the NZD/USD short
I will wait for the break of 1.25 to re-enter short on the EUR/USD. I'm also keeping an eye on the GBP/USD for a short breakout.
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.
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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