Friday, February 08, 2013

AUD / JPY UPDATE: 08/02/13 04:29HRS

AUD / JPY:

Price has retraced to my orders and both have been triggered.

Price then made a nice move down to the lows of yesterday at 95.90.

This move allowed me to move my stop loss to break even eliminating the risk on the position.

However price has retraced a little and I have been stopped out on the first position at 95.24

At the time of writing I remain short from 95.40 with 0.5% exposure and with NO risk.

The chart is below:

 
I will update again when the next strategy trade has been identified, or if the position needs my attention.
 
Have a good day
 
TFI FRIDAY!!!!!
 
 
Regards
 
 
 
 

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