Today's trade was a risky one but profitable. Hero is USD/JPY and here is the chart:
I took a little risk because MACD wasn't clearly turned down and I trusted W%R with that small retrace so I didn't enter with 2 lots to minimize loss (just in case).
Entry:
SELL 1 lot @ 108.61
Time of trade: 20-25 min
Exit @ 108.51
Spread was 1 pip
Profit for today: 10 pips x 1 lot x $10 per pip = $100
That was all for today. I don't think other pairs will give any signals until 4-6GMT so see you next time.
Happy PIPpin' !
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