June 24, 2008

30 pip profit from less profitable side of portfolio

I had another position, selling USDJPY at 108.15, which I opened earlier this morning. The technical condition was very great and I was a too conservative when I reduced the size later. However totally 30 pip profit made at 107.85 and as always I closed positions before US data. It was less profitable than having EURUSD which I closed it earlier.

1 comment:

  1. US Consumer Confidence fell more than expected and USDJPY dropped another 40 pip after the report. US stocks rise on anticipation that the Fed will delay the plan for raising interest rate.

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