ECB executive board member Bini Smaghi said interest rate is near to bottom, express skepticism about further aggressive interest rate cut.
I closed my position at 128.29, 95 pips profit.
Original trade:
Shorted EURJPY at 129.24
Stop level at 130.10
Target level at 1.2700 (amended)
Posted by Case study for Euro Yen (EURJPY) « Tactical Trading Academy: Forex Trading Education on 22/05/2009 at 11:17 am
[...] from EURJPY: 68 pips profit, 149 pips profit, 133 pips profit, 72 pips profit, 14 pips profit, 95 pips profit, 61 pips profit, 39 pips profit, 18 pips profit, 41 pips profit, 60 pips profit, 66 pips profit, 97 [...]