Short USDJPY at 103.43 – edit: lucky timing!

Short USDJPY at 103.43 – edit: lucky timing!January 23, 201418.29 gmtI’ve stayed up watching the price action in USDJPY and finally decided to hedge my long. Perhaps I am wrong, but it looks to me like UJ wants to go lower over the next few sessions.Short $15/pip USDJPY at 103.43, SL around 103.95 or when long signal generated.This hedges my long USDJPY from 104.43.Edit 18.38 gmt:USDJPY has just broken down and is below 103.20 now! Lucky timing for me About these adsShare this:Email Facebook Google Related From → Trades

via Zen and the Art of FX Trading:

18.29 gmt

I’ve stayed up watching the price action in USDJPY and finally decided to hedge my long. Perhaps I am wrong, but it looks to me like UJ wants to go lower over the next few sessions.

Short $15/pip USDJPY at 103.43, SL around 103.95 or when long signal generated.

This hedges my long USDJPY from 104.43.

Edit 18.38 gmt:

USDJPY has just broken down and is below 103.20 now! Lucky timing for me

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Short USDJPY at 103.43 – edit: lucky timing!

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