Sunday, November 8, 2009

2009-11-08 Break above 1.4900

Daily is up on 62 and flat with 5 and 13, 3 hour is all up, hourly is all up, 15 is all up, I don't reallly want to play the break out on the long side, but will see, as the 1.4900 has been the resist for the past weeks.

1: I have long order at 1.4916 and stop at 1.4900, target 1.4940. Will take some profit at 1.4930.
After the order is filled, it moves more, I change my stop to BE, I can always enter again if it drops back.


2: half of the position is off at 4927 and now I'm letting the rest run with stop at BE.


3: No time to wait, close everything else at 4935, total

+15 pip.


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