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. :-)
February 24th, 2010

Trade #2 NZD/JPY closed

jpyforexfan

Closed @ 62.07 The trade didn’t develop well on the 5-min chart. Loss of 12 pips.

February 24th, 2010

Trade #2: Buy NZD/JPY @62.185

jpyforexfan

It is 10:02am GMT. Bought NZD/JPY @62.185. Kind of contrarian, but let’s see. I put the Stop Loss on this one @ 61.70, below the support area of 61.80/62.00. Target: open.