Offering USDJPY @102.415 Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jul 11, 2016 10:21 AM

Market is way past ATR for the day and price is coming into a nice level. Will cancel my order if I am not filled today.

⋅ Jul 11, 2016 12:01 PM

I closed USDJPY out +0.2R because I am also short GBPJPY, which is a better setup. I do not want to be exposed to 2x JPY risk.

Comments

TradZ

⋅ Jul 11, 2016 10:29 AM

Unless you want to take a quick SHORT before going LONG:)

TradZ

⋅ Jul 11, 2016 10:28 AM

You definitely will be filled today but I don't know why you would want to go SHORT in a Bullish cycle? Just wait for a pullback then enter LONG