Trade Update for EUR/USD

I went to bed last night without placing orders to sell into 1.315, and boy am I kicking myself.  Adding to the position at current market levels and adjusting stop losses.  1.31 area should hold, but watching this one closely.  Changes in bold.

OPEN POSITIONS:
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CIS* Alert Service (C039AS)

Date:   Thursday September 16, 2010, Update Friday Sept. 17

Action: Order to Sell 2 unit EUR/USD @ 1.3110
Action:  Sold 2 units EUR/USD @ current market conditions @ ~1.305

Take Profit:  1.28

Stop Loss: 1.3168


CIS* Complimentary Investment Strategy
Ref: sodi

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PENDING ORDERS:

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None at this time.
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CLOSED POSITIONS:
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Trade (C038AS) GBP/USD position was closed at our take profit level.  :)

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From the Desk of
Aaron Reid
Forex Strategist