Woke up this morning and before making breakfast checked USDJPY, it seemed to be peaking at 104.60+, hit a high of 104.68.
I decided to square my position at 104.60, locking in a trading profit of 0.45 yen. Not bad!
In the last 24 hours, managed to lock in 1.04 yen just trading the channel from 102 to 105. I believe this channel will continue for a little longer.
Let’s see. As they say, put you monies where you mouth is……(“,).