My last half of USD/CHF long just got stopped out @ 1.0300. As shown in Figure 1, USD/CHF is now in bearish territory. I'm going to wait and see if the support at 1.0300 can hold tonight. Here are the statistics for my two trades (each 1/2 position counts as a trade): Entry: 1.032, full position at 6000 units Stopped out: 1.03099 and 1.0300 Net Pips: -10.10, -20 Net \$: -\$3.03, -\$6.01 Time Held: 32 minutes, 83 hours % Drawdown: -0.10%, -0.19% % from Top: 0.30%, 0.61% In hindsight, I should have paid more attention to the short term trend. The break of the recent trendline should have been a warning sign against going long. As I'm still trying to work out the details to this strategy, these paper trades have been tremendously helpful.