My USD/JPY Long was stopped out for a 200 pip loss. The spike downward was felt in all the JPY pairs and probably took out many stops across the board. The total pips in the spike lower was overall less than the other Yen pairs. I'll look for another long entry at these new lower levels but given the upcoming USD rate decision I may also wait for another spike lower.
Posts
No comments:
Post a Comment
Got a tip on a trading opportunity? Got a question about a currency pair?