Trade Review for January 8, 2007:
USD/JPY
Short at market (118.50); Stop at 119.70; Target= 117.60 (Originally posted on January 4, 2007)
Result: Currently down -25 pips. Targeting 117.60. I’m going to watch the market closely when it gets down to 117.00 because stochastics may be oversold at that time and I may consider exiting.
Total pips for the day: N/A
