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Last trades of July (JPY)

Written by Hugh, on July 31st, 2007

5:08 ET – S(5) USD/JPY @ 1924, Stop @ 1940, Target 4 @ 1901, TS 1 @ 30 pips

Price bouncing off previous highs. Strong rejection of the 1940 level.

5:21 ET – Target hit on 4 lots.

5:39 ET – Stopped out on last lot.

Trade Totals: +23 X 4 = +92 pips
+9 X 1 = +9 pips

Total: +101 pips = +$8.49

7/31/07 JPY TRADE 15 MIN
15 min

7/31/07 JPY TRADE 1 hr
1 hr

Follow up: Good trade. Too bad I missed the head and shoulders pattern that formed and the big time MACD divergence that accompanied it.




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Category: My Trading   Tags: ,

This post was written by . His goal is to become a professional trader.