After initially I've been stopped out at break-even on my USD/JPY trade I've decided to enter another short but this time at higher price and unfortunately it didn't played out as planned. I really suspect the move from Friday was a stop run, just a squeeze of the weaker hands and one way to be sure that this sis the case is to watch how we open on Sunday if we gap down than you have your confirmation this is a fake move and I'm sure I'll be able to at least cut my loss in half if not to even at break-even.

Currently I'm around -50 pips in the read with my short USD/JPY so I really need to be careful taking in consideration that we're entering the last week of trading and I want to consolidate my position in the ranl.

Wish you all the best!

Best Regards,
Daytrader21
الترجمة الى الانجليزية اظهار الاصلي