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theTrendtradr
Apr 8, 2016 6:49 PM

USJPY m15 Short Trade - still active 

U.S. Dollar/Japanese YenFXCM

Description

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
Comments
theTrendtradr
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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