Thursday, December 23, 2010

POSITION UPDATE: EUR/CHF LONG FROM 1.2457; STOP MOVED TO BREAK-EVEN @1.2457


Our buy entry order from Wednesday at 1.2460 was actually filled at 1.2457 (3 pips below set entry) due to the wild price action, and we have moved our stop-loss to break-even at 1.2457 to eliminate any risk on the trade. We continue to employ very tight risk management ahead of the holidays. 
Joel Kruger

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