Monday 8 March 2010

Update $Jpy trade from Friday 5Mch 2010


We have taken partial profits overnight on one of our two lots. I was + 1 $Jpy@ 89.14 and we had a take profit order at 90.63 which was filled overnight in the Asian session. This level represented the light blue(aqua) centre line and was a few ticks from the overnight high ( from my broker) of 90.67. Net position on this trade is + 1 @89.31 with a break even stop @89.32
Price has drifted back but found support at 50% Fib level during AM Euro session.

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