Account Updates - Several Trades got stopped out for some losses :(

Here is a snap shot of the account - Several trades are underwater and I have lost some pips! No biggie as you can see I have gained some as well. At one point my JPY longs were all up and today they are all down. Such is the way in the forex you take your hits and get back up! I never worry about losing pips as there are more than enough opportunities to make them back - It's more important to KNOW where the market is!

The Yen is very stong right now and there seems to be more interest in the almost zero percent interest through the borrowing of it. Big money players are taking advantage of the low interest and is seeming to spill off to the next lowest currency (USD)

With levels this low it seems almost any trade is risky and hinges on supports - some have broken down through supports and are creating new lows (GBP/JPY) in particular - Watch this pair as it moves lower to be ready to scoop a good buy.