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 30th, 2010

Trade #42: Covering the short @112.45

jpyforexfan

It is 07:45 am GMT. My Take Profit was just hit for a 58-pip profit. That’s it for this month. See you next month guys – in a couple of days. :-)

Such hourly pictures look really ugly to the folks who are holding long positions:

July 30th, 2010

Trade #42: Sell EUR/JPY at 113.03

jpyforexfan

It’s 05:54 am and I just sold EUR/JPY at 113.03. My stop is as usual as per the trading plan (206 pips away). My target is 112.45.

Here’s the 1-hour chart:

July 28th, 2010

Potential Trade #42: Sell EUR/JPY @115.38

jpyforexfan

This is just a waiting order I’ve just put in. Selling EUR/JPY at 115.38 with a SL at 115.80 and a target at 114.90