Feb 16, 2007

Position in GBP/JPY

My GBP/JPY long had been stopped out by T-Stop. Long GBP/JPY @ 232.70 had been stopped at 233.20 with 50 pips profits. Long GBP/JPY @ 233.05 had been out with +1 pip. Personally I am still more to long side within this pair. But still I will not place myself in risk and I will re-enter a long only when I notice that there is with some momentum to shot or stable base able to be formed within this pair. I will keep my eyes close with it.

( GBP/JPY now @ 232.95)

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