Tuesday, January 15, 2008

Update on the EUR/JPY Short Position

Hoping everyone is grateful for the opportunity to serve the world trade by selling EUR/JPY. We have hit the first profit target at 158.73. Your choice at this point was to either take some or all of your profits, or move the stop loss to 158.73+ .10 to .20. , that is 158.83 to 158.93, depending on you, your risk tolerance, and your foreign exchange trading broker.

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