484 | +9.225% | 1 Setup | USDJPY

there were a massive drop due to some fake news regarding Forex/china/apple


Currency Data:

  • Pair(s) to Watch: CADJPY (Buy), AUDCHF (Sell)
  • Asia Events: TD Securities Inflation [NZD]
  • Bank Holidays: Japan

08:08 Buy USDJPY

08:17 okay, that didn’t work, the high volatility hedged my with a 17 pip gap at a 12% loss .. great

08:33 reverse the hedge on USDJPY below vWap, found a far but doable target around the 107 area
plus the Dollar does support it as it has a very old Support (from about February, crossing around the same location)
so take the leap of faith, reverse the hedge with the massive loss. and let it happen.

10:46 Close USDJPY,
broke my own rules, did not close on Breakeven, but let it go to the target I made out before, because of the size and wide distance, this brings in a huge profit after pay for all the losses.
not an advisable way of trading !!

 

Total Today: +9.225%

 


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