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Wednesday, February 13, 2013

20130213-2

6A
Open:
Long 2 @ 1.0306. 15m TC18, 10 ticks to 30m TC18, may add in 2 contracts at that level, hard stop loss at 10 ticks below that. 10 and 35 ticks targets.

Close:
1st: Sell 1 @ 1.0313. Decided to take profits 3 ticks below the first 10 ticks target, 4 ticks heat. Moved stop loss to the entry level.
It came down to 1 tick from the break-even stop loss, put an order to exit at +3 ticks so I would have $100 profit for the trade, but pulled it thinking risking 3 ticks to make more isn't such a bad idea after all, and the price shot up.
2nd: Sell 1 @ 1.0331. Decided to take profits 10 ticks below the second target. 

2 contracts $320 gross, $305.52 net.

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