Long USDJPY @ 97.25. Update: closed at B-E

13.35 gmt

USDJPY looks weak but is on trendline support and the risk:reward favors a long trade.

Long $4/pip USDJPY at 97.25, SL 96.75.

13.55 gmt: closed this at B-E.

Done for the week. Not too good, but not as bad as it could have been. More over the weekend.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s