Trader Tony » usd/jpy http://tradertony.com Trading isn’t farming, nobody needs a cow to do the “work”. The work is done in the mind. Mon, 28 Jun 2010 08:11:56 +0000 en hourly 1 http://wordpress.org/?v=3.0 Exited USD/JPY http://tradertony.com/exited-usdjpy/ http://tradertony.com/exited-usdjpy/#comments Thu, 21 Jan 2010 14:46:22 +0000 tradertony http://tradertony.com/?p=1097 Exited USD/JPY here at 91.70.

+ 50 pts.

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]]> http://tradertony.com/exited-usdjpy/feed/ 0 Took a loss in SPX. Bough USD/JPY http://tradertony.com/took-a-loss-in-spx-bough-usdjpy/ http://tradertony.com/took-a-loss-in-spx-bough-usdjpy/#comments Wed, 20 Jan 2010 15:52:55 +0000 tradertony http://tradertony.com/?p=1088 As I have posted before, SPX was forming a nice buying pattern, so I decided to grab some contracts at 1142. Was stupid enough to hold it for too long, so exited finally at a loss 1138.

After witnessing a downfall in stocks, with all support levels being broken, I turned my attention to currencies. Here is a nice long opportunity in USD/JPY.

jpy 20.01 jpy2 20.01 jpy3 20.01 jpy4 20.01

Bought some at 91.20, have a very tight stop here at 91.10, so it either works out right away or it doesn’t. My first target is at 92.00, 96-97 longer term.

If I stopped out, will look to get back into position.

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