My USD/JPY Trade (24-02-2009) --- Update (Final)

*Click on the images for the enlarged version.

Trade Ticket time displayed is based on US Eastern Time



Ignore the red and blue arrows on the chart.
Those are not my trades done. It is just analysis purposes.

Hi everyone,

Update from my previous trade.

Link to my previous trade > Click Here.

The course of the price movements. I have since moved my Protective Stop to the price line of 96.60, securing 200pips of profit due to the movements of price today. It is consolidating with a formation that looks like a mini "Head and Shoulder". It is possible that market will go through some correction.

I have been stopped out with my Protective Stop executed at 7:07pm (Singapore Time) with 200pips profit.

Peace and trade safely everyone...