Thursday, July 25, 2013

7/25 Fx update

I ironically got stopped out on my AUD position before in started swinging upwards.  Closed the GBP position at slight profit and re-entered long AUD after a bit of re-thinking where my stops should be placed.  Also got rather quickly stopped out on a short euro position I held.  Not a great week, but the market conditions are sloppy, and i'm still avoiding taking on large positions.

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