Wednesday, February 18, 2009

20090219 2252. eurjpy gets above 120 and the trade is closed out.

20090219 1103. They tried to squeeze the longs but it backfirec, eurjpy rises above 118.

20090219 0905. eurjpy trades 117.85, so the stop can move to breakeven,, waiting game till London opening at 3pm.

UPDATE 2324. We have moved the stop to 116.80 and we'll let the eurjpy long trade run overnight.

20090218 2211. We are long eurjpy from 117.15 on the breakout at 2148. Let's see what happens.

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5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
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The Experts, do they know better?
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Larry Hite: The Billion Dollar fund Manager
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Good advice
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Don't lose your shirt
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