USD/JPY Trade

[FX Baby]

Hi all again,

I'm gonna be shorting this pair now. The trade details are below.



The Trade

Sell 2x lots @ 107.80
Stop @ 108.10

Target 1 @ 107.30 (close 1st lot, move second lot stop to entry)
Target 2 @ I'll let you know or when you feel its time


Good luck!!

[4xStar]

I'm joining you, except got in a bit higher and stop is a bit higher.

[cadarkitek]

Nice call, I've been short since yesterday.

[4xStar]

Giving some love now....

[FX Baby]

You all must be happy pipsters!! As you can tell our first target was hit so we have bagged +50 pips! Reduce your stop for the second lot to the entry level. Details below.




The Trade

Remaining lot stop adjusted to 107.80

Target 1 @ 107.30= +50 pips
Target 2 @ Pending



Good luck!!

[toukika]

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.

[FX Baby]

Hi all,

Our second part of the trade was stopped out today, we made a small gain but at least its a gain



The Trade

1st lot= +50 pips
2nd lot= 0 pips

Total= +50 pips!

[skyraider]

did ok with these today,,,,$163 bucks in my pocket as u can see i dont do many lots, 40 to 50 pips avg. Im happy and my social security check does the milk and cookies part of my life,,,4x is for toys,,lol and stuff,,,I love this 4x stuff,,,,,,i just use the data off of Forex | Forex Trading | Currency Trading and check out the daily trading data for all the pairs and use the entry and pt points,,,,it works,,,, 4 me anyway.....Havent lost hardly anything to speak of,,ususally my losses are my fault for not having patiences ,,,just wait ,,,just wait,,, sky