Hello DFC,
Long time no see...but finally back and trading!
Today on the NY open we had a nice short term trend reversal on the USDJPY.
With low volatility, I usually avoid this pair, but today we had a nice move on it.
I didn't get the entire move, because when I'm working with counter trends I like to impose a tight stop loss WHILE in profit and got hit.
But I guess this time my stop was too tight.
I came out positive on the trade, but let several pips on the table...maybe next time...
Cheers,
JC
Long time no see...but finally back and trading!
Today on the NY open we had a nice short term trend reversal on the USDJPY.
With low volatility, I usually avoid this pair, but today we had a nice move on it.
I didn't get the entire move, because when I'm working with counter trends I like to impose a tight stop loss WHILE in profit and got hit.
But I guess this time my stop was too tight.
I came out positive on the trade, but let several pips on the table...maybe next time...
Cheers,
JC