I am closing this pair with a loss of 20 pips.
7:00 am EST. Yes, of course, just as you take the loss the Market turns around and makes fun of you. If you held the long, you did great.
Closing 2nd usd/jpy short at 122.95.
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3 comments:
Tamara,
Did you know that this pair is coming up on a long term uptrendline I have drawn off the Daily, just a few pips away.
Jim
Hey, Jim, I just do not have a good feeling - it might take this pair another day to recover and I am freezing my funds in the meantime. I wish I would have opened 2 lots short aussie and closed 1 lot at 0.8455 as I recommended earlier. I am eyeing cable now as a short candidate. Carry-trade players are very nervous today, aussie and yen crosses are jittery.
Tamara,
Just trying to help out. LOL, I kinda feel like a fifth wheel if I can't contribute, even just a little bit.
Jim
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