Posted by: joetradingplace | February 22, 2013

Eurjpy trade update

Last position on short eurjpy has been stopped out for 120 pips (0.33%) gain. We are still short gbpjpy, and running the last position, the stop loss order has been moved to lock in 100 pips. We will be looking for opportunities to get us back in the eurjpy pair if we fell the downtrend is still in its infancy and has some room to drop. That might be next week now, we dont see any setups for this week now, we have done well on our two trades this week.

Todays total = 120 pips

Weeks Total = 780 pips

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