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USDJPY Discuss market action in the US Dollar versus the Japanese Yen.

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Old 03-03-2008, 03:06 PM
 

Join Date: Feb 2008
Posts: 8
Default USD/JPY Trading

Here's a quick trade idea on USD/JPY,

Short at market (103.40). SL at 103.80, TP1 103.00, TP2 at 102.80.

Appears USD/JPY has found resistance at 103.60 and may move lower from here....
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Old 03-03-2008, 04:14 PM
 

Join Date: Feb 2008
Posts: 8
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103.00 just hit. Taking a 1/3 off the table and going for TP2.
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