(+20 on the pair)
Usd/Jpy was also buy stop at price 89.00. I felt that if usd could push to that price, it should have no problem pushing through to 90.00. Japan's offering $81 billion stimulus package could cause some wild swings in its exchange rate. I am still looking forward to a bullish dollar. Another good thing i found out about buy/sell stop is that instead of entering for a reverse (buy/sell limit), u can actually place u somewhere below the support level (if u sell stop), or above the resistance (if u buy stop), becuz it goes with the flow of the price.
Current position on the Usd/Jpy. Protected my profits and did a 35 points trailing stop.
(+90 pips closed)
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Symmetrical triangle still consolidating off Aud/Usd since yesterday's image. My sell stop is still waiting for an ambush.
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Black
2 comments:
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http://riskcontrolfx.blogspot.com/
Hi RCM, added your link! thank you for sharing :)) i'll check it out soon..
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