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Tuesday, September 8, 2009

AUDJPY short

small size.

short @ market

stop: 79.67

target: 78.43

7 comments:

  1. This trade is up in the air.

    The stop is now set to reverse the position...

    ReplyDelete
  2. ...and I've adjusted the stop to 79.75 for volatility. It also lines up better with the daily chart levels now too.

    ReplyDelete
  3. Moved stop lower.

    Considering today as a loss, and reseting risk for tomorrow. If a break lower occurs, I'll take the day off and assess the situation after US close tomorrow.

    Stop: 78.79

    ReplyDelete
  4. I've been able to hold on for a bit longer by sliding the stop to the round number of 78.75, but believe me, my hopes are anywhere but up. This trade'll probably conk out within the hour.

    ReplyDelete
  5. Added one lot w/ both stops now set @ 78.75

    This trade looks like it's either going to ramp or flop hard either way.

    ReplyDelete

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