Thursday, January 29, 2009

Trade Result EUR/JPY

This trade opened not long after I posted the trade idea. It opened at 118.21 at the end of the 2100 EST bar on 1/28. It did pretty well overnight gaining about 90 pips at one point. At +50 I moved to break even then saved 20 pips when it moved lower. I got stopped out just after 0700 when the price moved up sharply. So this one, which had a lot more potential, made us +20 pips. The CHF/JPY flirted with opening, but did not so I'm still watching that one.

Happy Trading!