Thread: USD/JPY Trade
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  #6 (permalink)  
Old 06-20-2008, 01:42 PM
toukika toukika is offline
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Join Date: Jun 2008
Location: Raleigh
Posts: 25
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I shorted at 107.76 right before it made a quick rally up, but I held on because I was sure of it to go back down (and it didn't hit my stop loss).

Sure enough, I saw it stall, then start heading back down, and I bought another lot at 107.77.

I exited completely already a little early, when I saw it start to encounter just a bit of resistance at about 107.59 (or maybe it was .60)

But I made +17~18 pips. I wish I held on a little longer, hindsight is 20/20, but profit is profit.
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