Long@USD/JPY 2-17-2010 2am(trade status:CLOSED)

A few hours after my USD/JPY  of the forex market short sold trade was cut, I decided to re-enter. Instead of going short, I now went long since USD/JPY seems to have broken out of the downtrend‘s resistance line in the 3-hour time frame. My entry price is 90.15 and my cut loss is 89.90.

Updates:11am 2-17. Moved my stops to my entry price of 90.15

Updates:7pm 2-17. Took profits, 35 pips up.

Comments

  1. Vincent Toole says

    Great site. A lot of useful information here. I’m sending it to some friends!

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