Forex blog – JPY forex fan

A forex blog about making pips in any currency pair

Welcome to my forex blog. I am a great believer in luck and I find that the harder and smarter I work the luckier I get. :-)
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June 30th, 2010

Trade #39: Buy EUR/JPY @108.48

jpyforexfan

It’s 06:42 GMT, Wednesday.
I just took the long side (again!) on EUR/JPY at 108.48 I have this inkling that the ECB (European Central Bank) is finally going to do something good about the euro very soon.
Stop loss is where it’s supposed to be as usual.
Target: up there somewhere.

Here’s the hourly chart as of now:

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