Look for Further Yen Strength, short

Discussion in 'Forex' started by fxpeculator, Feb 7, 2006.

  1. spersky

    spersky

    Thanks for the upport. I am exited at .8518 for a 7 pip profit, and lost about 5 years of my life in the process :)

    That was one wild ride. Once I saw I was at break even I just put a real tight trailing stop. No way could I stomach holding that trade over the weekend. The news realeased today was horrible for my posiition. I am lucky I escaped at all.

    Regards,
    Steve
     
    #21     Feb 10, 2006
  2. spersky

    spersky

    I cannot ignore my signals or my system because without that what do we have anarchy. I shorted March Yen at .8527. Buy stop is at .8597.

    We have got a downtrend in the yen. Multiple bearish divergences on the dailys and weeklys, nice reversal day friday despite bullish news for the yen. Good luck all

    Regards,
    Steve
     
    #22     Feb 12, 2006