On first day of Trader contest I had made two EURO trades of which one hit a TP and another SL. Effectively ending my day flat.
In my day's first trade I had bought EUR/USD @ 1.6450 for the target price of 1.16670 with stop loss of 1.16250 which unfortunately ended in loss as ADP employment report came in better than expected which caused USD to appreciate.

In my second trade I bought EUR/JPY @ 132.618 with stop loss of 132.470 and target price of 132.850 after the Federal Reserve rate decision which had a positive impact on USD which caused the JPY to depreciate. This trade hit the TP just as per my expectation thus helping me end the day on winning note.


Today I am expecting the USD/JPY to rise higher to a new high above 114.30. To catch this rally I have placed a buy order for USD/JPY @ 113.988 with SL of 113.830 for the TP of 114.350.
الترجمة الى الانجليزية اظهار الاصلي