Sunday, March 29, 2009

New Trade (Stop)

Positions (all based on previous posts):

Just placed a buy stop to buy 2 Lots US/Yen at 98.82.
Penetrating 98.80 is bullish.

Bought 1 additional Lot of Gold @925. Looks like we may be basing a little at 920...we'll see. My plan, if we do trade below 892, will be to use some of the account profits to buy Gold Puts and protect the position. You can't worry about a (solid security) if it can recover $60 in the blink of an eye.

Own 2 Lots US/CAD.

Own 1 Lot US/CHF


No comments:

Post a Comment