25 February 2010

EUR/JPY : Added Short @ 120.77

  • Previous low at 120.64 taken out this morning. New low today at 120.57.
  • Small bounce around the lows now. Added to existing short at 120.77.
  • Long term objective = [126.85-(139.18-126.85)] = 114.52.
  • Position now in very decent size. No more addition. 
  • [Addendum 11:45 pm 25Feb10 : Took profit on today's new position at 119.80].

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