USDJPY - Trade Journal

USDJPY looks like it will bounce a bit off of supports. This is a high risk trade. If you take a look at 1D chart below, UJ corrections commonly are much more pronounced than what has occurred thus far. Thus, you could make a case to look for a short entry especially around 103.5 - 103.8 area. For that very reason, I am keeping a tight SL.


1D:

Trade closed: stop reached:

Stop reached. 37-38 pip loss.

KEEPING SCORE: LOSS