Wednesday’s trading

September 27, 2007 – 1:22 am

What a day for EUR/JPY. It has been going up for 8 hours continuously. There were times that I felt ‘It is enough, it is going to pull back’ , but no. It just kept moving up. I decided to close my Long position with +5.78 R profit. I traded AUD/USD as well, stopped with -0.85 R.

End the day with +4.93 R. EUR/JPY should continue moving up during U.S session, I guess. But, it is 1:15am in Melbourne, Australia, I decide to close my day trade position and rest. I can’t complain too much with a day like this -)

Here is the chart of EUR/JPY. I really have no idea what is moving the market.

From the desk of Tradergav.com


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