
USD/JPY first - I lowered the stop since I feel this is a good price and I wanted to give it a bit more room to grow. The impending non- farm payrolls report may cause it to swing lower for a short reaction should it be a negative report. Aware of this I still feel 92 is a good price for USD against the YEN and the Chart is displaying some very thin action. Personally I dont' always trade this pair since the action is usually thin I prefer the Yen pairs that move more like GBP/JPY or EUR/JPY even the CAD/JPY moves a bit more than the USD - We'll see if I lose pips with this one currently my adjusted stop is at 90.53 - A 200 pip risk
It is very close to the 90 level and I feel that 200 pips or so is no biggie considering the potential of upside gains.
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