Wednesday, June 05, 2013

EUR / JPY UPDATE: 05.06.13. 09:07HRS

EUR / JPY:

Price has pulled back to 130.61 and I am short with 0.5% exposure to the market.

Price has now moved away from the entry by 25 pips and I have moved the stop loss to break even to eliminate the risk on this position.

I have removed my second order.

Chart below:

 
There is a data release at 10:00hrs in the form of EUR GDP, I am hoping this will give the position the push it requires to move into a decent profit.
 
I will update again later today.
 
 

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