Thursday, June 11, 2009

11 June 2009

Yesterday Trade:
Breakout trade, long at 1.641 triggered. SL not hit, now sit at paper loss. Since there is still a possibility for a long, I will hold to this trade. TP still at 1.657, SL at 1.618.

I am not placing any more trade today, as I have already a long trade to hang on. Any reverse, I do not want to get myself get caught in any more long trade. I will only go short if it break below 1.59, which is unlikely to happen today.

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