03/26/2009 USDJPY Trade

Short 1 (500) USDJPY @ 9823
Stop @ 9875 (-52)
Target @ 9735 (+88)

TriScreen trade -  On this trade I didn’t use two lots like I usually do because my backtesting has shown that adding the second lot in the USDJPY pair doesn’t significantly add to the bottom line and may in fact subtract from it.

My initial confidence in this trade is 6/10.

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I got stopped out on this trade for a -52 pip loss.  I am OK with this because it was a good setup and I took the trade.  It is very likely that it will give me another opportunity to get in again because the trade it still valid.

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5. 02/16/2009 GBPUSD Trade