Friday 19 February 2010

$yen update


OK we were filled on the retest of the UMLP and are + 1 $(-JPY) @91.306 and have a break even stop there now as the market is currently mid euro AM session 91.77
With the usual Friday session expected i think we could see price go significantly higher. My slight worry is that we may see price back down and get stopped out and lose our trading advantage in this trade.
PS: the lower long position @89.24 is one held for over a week.

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