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Yen Trade

Written by Hugh, on January 15th, 2008

Rising Sun

Not particularly proud of this one…

8:36 ET – <limit> S(5) USD/JPY @ 724, Stop @ 707, Target 4 @ 790, TS 1 @ 30 pips
Looking for bounce off support points on 15 min chart.

8:37 ET – Stopped out @ 707

Japanese Yen 1/15/08

15 min

JPY 4 Hour

4 hour

Trade Total: -17 pips X 5 = -85 pips =-$7.95 (-$795 in full account)

Trade Follow Up: Not a good trade. 4 hour chart was obviously down, not a good long trade!




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Category: My Trading   Tags: ,

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