Long 10 * USD/CAD at 1.1177
Long 30 * USD/CAD at 1.1259
Average: Long 40 * USD/CAD at 1.12385
Tuesday, June 9, 2009
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2 comments:
USDCAD is trading at 1.0953 now. I always wonder why you did not place your stops.
ya, I have been waiting the rebound since yesterday until blur d.. now should be more steady after reach the support level..
I didn't put stop because sometimes volatility is temporary to killing both long and short, other than that sometimes brokerage pips might be very far to "eat" the stop being set by trader.
The disadvantage not put stop is like what happened now, it might continue dropping. Yesterday, I was busy on work and suddenly surprised when see 1.1140 is already broken and drop far below, feel like too late to cut loss..
Let see how it goes, I think stop loss is really needed during busy working / sleeping time =.=
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