Wednesday, July 22, 2009

Opened a new trade a little while ago...

Although it was on the Trader Outlook (Bob Iaccino) trade setup page, I didn't want to go long EUR/USD when it first closed above 1.4200 because the close was much higher then that price...a big move had occurred before the bar had closed, thus limiting the profit potential. We did rotate a little so I got in this evening. (Clicking on the chart gives you a clearer view):



Entry= 1.42255
Stop= 1.41520 (we were told below 1.4163)
T1= 1.4276
T2 (after I sell half and move my stop up to b/e)= 1.4318

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I want to do an account/statement update some time tomorrow...(I told you the Bob Iaccino account I opened would recover.)

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