fractal_trader

USJPY m15 Short Trade - still active

FX:USDJPY   U.S. Dollar / Japanese Yen
Been posting this in the Chat all afternoon.
Short hit at 108.45 this afternoon in USDJPY             , still active and holding on to it at least until tonight's close. Will then decide whether to hold over weekend.

Trendfollowing works even on such a low timeframe. Of course profit potential very limited in daytrading.
Comment: Market opens gap down tonight. Holding this position until close above purple line.
Comment: Stop moved to 108.15. Waiting to be stopped out over night now. Or if much long stay in until the morning to exit at lower prices. Let's see.
Trade closed: stop reached: Closed @ 108.15, +30 pips
Holding on to it over weekend for trend continuation early Monday Session.

Old target at 107.70 still active, even though that doesn't mean I take profit.
I only exit when my system tells me to.
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