Monday, June 16, 2008
Forex Trading ( Currency Trading) Euro vs, Yen, June 16. Shorting in area of 167.50 to 167.67.
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Forex Trading ( Currency Trading) Euro vs, Yen, June 16. Shorting in area of 167.50 to 167.67.
I started scaling in. Chart attached. Details to follow.
11:10AM: EUR/JPY is now at 167.38. I have now more than 12 pips profits (unrealized profits). I am not done scaling in as there is a possibility that today's high might be retested (area of 167.70). If someone entered with full size or no scaling, I would trim the position a bit to lock some profits.
Happy trading
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