Trading Results 3/11

Still holding the short position opened this morning. Since it was open past 5pm my account was charged the roll over amount which for this trade was .28% of the portfolio. I'll describe what roll is and why its important at a later date. Looks like the start point for any upcoming trades will be EUR/CHF 1.4801. This works because its higher than the entry of my current position, if the close had been lower than my entry I would then use my entry point as the start for the next days trades. Basically this is to make sure I'm letting the pair move enough between positions to create the opportunity for profit and to limit risk. If the EUR/CHF moves higher I will look to enter a second short position at 1.4838, if it goes lower I'll close the current short position out at 1.4760 (entry -.25% or 37 pips).