Posted by: joetradingplace | February 21, 2013

Eurjpy short update

1st target has been reached on eurjpy short at 120 pips (0.33%), stop loss order on last 2 positions has been moved to entry point. So we are at a strategic advantage now if the downtrend continues, but if it retraces back, we can only be stopped out for breakeven, so we have reduced our exposure. We are still short gbpjpy from tuesday morning, stop loss order on last position has been moved to lock in 100 pips (0.33%)

Todays total = 120 pips

 

Weeks total = 420 pips (1.33%)

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