Long triggered on nov crude, bought 2 at 81.7 and 2 at 81.5, stops at 80.7 and 80.5, or taking profits at 83
Did you know anything about Bernanke speech today, aka inflation vs. QE2?.. During the day you had the opportunity to liquidate above 1.41xx.
Bernard1111- Thanks for being the first person to reply. I knew about the Bernanke speech, but I have found I trade better if I just ignore all the fundamental news, reports and speeches. I thought 1.40 was an important enough level which they would defend. Also, my order to buy at 1.3995 was triggered on the way down. If I had 4 contracts open I might have taken half off over 1.41.
Current Positions - 1. Long 2 nov crude at 81.7, 2 nov crude at 81.5 2. Long 8 dec gbp at 1.6007 Current Orders 1. Stop sell 2 nov crude at 80.7 and 2 at 80.5 or take profit on all 4 at 83 2. Stop sell 8 dec gbp at 1.5890 All other orders canceled Profit on all closed positions so far = $7,947.5