Friday, 7 May 2010

Limit orders

This time rather than hurl myself into the market I tried a limit order for WSD short at 10400. Certainly at first appearance a better way of doint things
Also used the close position popup to size the deal - something I'd wish I'd seen when I had the RIO deal going definitely would have reduced to 0.50
For the record - the market jumped up over 10400 held on an reduced exposure by 0.25 at start point. Took another 0.25 profit and finally closed at +50 pips

P&L +31

Reduced exposure on AUDUSD short by 0.10. Current size is 0.40

P&L -4

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