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Thread: Discuss the USD/JPY with a DailyFX Analyst
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Old 07-01-2009, 11:48 PM
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cmellon cmellon is offline
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Quote:
Originally Posted by Krismitt View Post
What open positions are you holding in this pair at the moment CMELLON?
Hi Krismitt,

At the moment short 97 (from early June), Stop Loss 98.86.
Attached is Delta Chart in ITD time frame and MTD time frame for what could possibly happen.

I am waiting for confirmation on ITD 9 high, which may or may not have been reached at 97 yesterday.

I plan to take 100 pips profit for partial position, and then move the remaining position stop loss to 1 pip above ITD 9 high. Target is below 94.
Last edited by cmellon; 12-16-2009 at 08:30 PM..
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