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. :-)
July 21st, 2010

Trade #40: Covering EUR/JPY @ 111.81

jpyforexfan

It’s 9:02 am GMT, and after 12 days of having my EUR/JPY short position open, I just covered it for an amazing profit of … brace yourselves… 4 pips! Ludicrous, ain’t it! That’s all a JPY forex FAN could achieve in 12 days. I hope some day I will move this site to jpyforexpro.com ha ha

I leave you with the beautiful daily chart of the ranging EUR/JPY:

July 9th, 2010

Trade #40: Short EUR/JPY @111.85

jpyforexfan

It’s 14:37 GMT, Friday, and yep, I am going in the other direction.
Stop Loss as per my trading plan
Target: I’d expect lower than 107 but I haven’t set a Take Profit for now.

The daily chart of the EUR/JPY forex pair as of now: