I was suffering from insomnia last night and couldn’t sleep, so I decided to turn on my computer at 4am in the morning.
Straight away I noticed that the USDJPY had crossed both the SMA 50 and SMA 200 moving averages.
I immediately gave chase and placed a Long USDJPY at 113.50.
I squared the position before leaving for my 9 holes golf game at 10:30am at 114.68 and locked in a trading profit of 1.18yen!!!