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Friday, November 23, 2007
My USD/JPY Trade (23-11-2007)
*Attached chart. Click on it for the enlarged version.
Today is Japan's holiday but I see some potential movements.
I initiated a short position today on the USD/JPY at 9:37am (Singapore Time) at the price line of 108.32.
As of now, my Stop Loss has already been shifted to entry price. Actually 1pip away from my entry because if I were to be stopped out, it is still a winning trade :P Hahaha. My Target Profit is at 106.80.
Taking into consideration that today is Japan's holiday and that the true range movements might not be as good. It depends on how it moves later. I might close it manually. It will be updated, no worries :)
Peace and trade safely everyone...
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