EUR/USD MACRO TRADE (LONGTERM)
August 28, 2008
After seeing yesterday’s EUR/USD trading we still very much believe in the long term potential of the ahort trade. However, in order to give the trade a chance we have decided to adjust our stopploss UP, away from our entry price by 100 pips. The only reason we would consider doing this is because we entered the trade at 0.5XMARGIN.
By taking position sizes at LESS than your cash balance it affords you a little more latitude in managing Macro Trades.
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