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Daily Archives: October 26th, 2016

When USDJPY hit a low of 104.04 this evening, I realized that it created a double bottom as it hit an earlier bottm of 104.06 in the opening of Aussie session this morning.

I decided to square my position at 104.05 for a trading profit of 0.59 yen.  Not too bad.

I also established a Long USDJPY at 104.15. Let’s see if we can ride the USDJPY back up to 104.80?