Saturday, April 6, 2013
Lucky but Backside Itchy
After the Cockteaser 2, I decided to close my short position for Usd/Jpy as it went down a little bit when I had the chance, it was just before BOJ Monetary Policy Statement and I didn't had good feeling staying in this pair. Closed out +156 pips before the announcement.
Lucky I was, it shot up about 200 over pips after the news release, if I had stayed it would have been another pierced into the ass stop-loss, phew.
I remained watching this pair for an hour or so closely, until I thought the momentum was slowing down, I wanted to grab a bit of retracement. You can call it greed, or itchy backside. It didn't went down a bit, but hit my -50 pips stop-loss later in the day.
That's it for the week. Stayed at the sidelines for NFP.