jlqe
Short

USDJPY short with 2 profit levels

FX:USDJPY   U.S. Dollar / Japanese Yen
Rejection of upward momentum at strong resistance 114.2 and beginning of bearish trend

Profit taking levels based on previous resistance:
Low-risk, scalping play - 112.88
High-risk, high reward play - 11.94

Stop-loss: Set at personal risk appetite
Oct 09
Trade closed: target reached: Low-risk profit taking: 35pips profit

Oct 12
Trade closed: target reached: Easy 130 pips profit for 2nd target.
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