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Alias Born 03/02/2005

Re: None

Sunday, 09/05/2010 10:20:01 PM

Sunday, September 05, 2010 10:20:01 PM

Post# of 67
Trade #4

USD/JPY, short 1K @ 8:04pm EST

Entry: 84.368
SL: 86.02 (swing + 10 pips) (165.2 pips)
TP: 82.748 (basic 1:1 PL) (162 pips)

Reason for entry: trading with the trend, entry on retracement

NB: The SSI indicator for this pair stands at 6.13 which is quite extreme. Nearly 86% of all traders with FXCM accounts who have taken a position in this pair are in it long.
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