Swiss Franc

Tuesday  24 June 2014

Sell remaining half-position in Sep at market, [1.1194]

16 Jun – Buy 1.1139
23 Jun – Sell 1.1194

Gain = 55 pips, $687 less $15 commission per contract

We will take what the market gives, at this point.  Price
may yet rally higher, but the give-backs have been
relatively fast, and it takes longer to regain.  The risk/
reward is a toss-up, not good odds.  If we miss out on
a further rally, that is okay.  The position did not
perform as well as expected, after one week.

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