Thursday, March 15, 2012

AUUCAD Stopped out with a profit

The remaining part of my AUD/CAD short trade was stopped out overnight with with a small profit.  This gives me a total RRR of 2.1 t0 1, which is very acceptable.  My trailing stop was intentionally tight as 10 of the last 12 days were "down days" and a bounce can therefore be expected.

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