Wednesday, June 4, 2008
Shorting EUR/JPY on June 04
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This is an update to the trade:
It is now 7:50PM. I just took off half the position I shorted with a 12 pips profit. I plan to re-enter on a rest of high and fail if any. If not, it would mean that the current trade will go for a lot.
The point is that I am managing the risk of the trade, after deciding on entry.
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