USDJPY 1-12-07
1-12-07
USDJPY
There was a short trade entered in the USDJPY at 1.2055 yesterday morning that was closed at 1.2035. I have re-entered the short trade this morning at 1.2060. I will take a partial profit at 1.2030 and trail the stop in case the 1.2030 area acts as support again. If the 1.2030 area breaks, the second target is 1.1995. Trail the stop by 20 pips once the second target is reached.
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