Closed EURJPY short at 124.79

7.47 gmt

EURJPY has generated a long signal and I am closing my short hedge for a small profit:

Closed EURJPY short at 124.79, +10 pips, +1.5%.

This may be the first time that my hedge strategy has been even partially successful. If this pair doesn’t whipsaw and turn down suddenly, it means my longs are safe and I’ll be out of trouble.

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2 thoughts on “Closed EURJPY short at 124.79

  1. fxgai

    USD/JPY is looking good to me. It’s been pretty firm in the 95.50 ~ 96.0 range over the past couple of days. Given my poor trade entry though I’m not going to look for much profit. And I’m resolved to wait for a good entry level next, rather than chasing after the price again like the rabid dog I was on Tuesday…

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