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Daily Archives: September 28th, 2016

Last night at about 9pm, when USDJPY slid back near the 100 level, I decided to go Long again on the USDJPY at 100.22.

So now, I have two tranches; one at 100.1o and another at 100.22 with an average cost of 100.16.

Let’s see.

Yesterday afternoon when USDJPY rose to near 101, I decided to square off half the position at 100.95 for a trading profit of 0.85 yen.  Not bad for less than 24 hours.

When I woke up, I realized that the USDJPY had collapsed from 102.7 down to the 100 level.

So being true to my call on the USDJPY, I went long at 100.10.

Today is September 28th.

I was out playing a charity golf on Friday and then dinner, so pretty much was out of the market, however, I noticed the USDJPY recovered back up to 101.23 on Friday morning.  A missed opportunity to square off the trade.

On Tuesday, September 27th, USDJPY came back off to the 100 level and I went long again at 100.10 doubling my position but on a cash basis.