USD/JPY: Entry Price - Long @ 92.53 - Trade Still Open


My USD/JPY Trade is kinda limp and a bit soggy but I'm still in the trade. Entry was 92.53 so you can see I'm up about 50 some pips as of this writing. I have locked in a profit stop of 5pips to prevent losses should the price move further to the downside. I could book this profit and run but I'll keep the 5 pips and let it ride.

We'll see where it goes this week in anticipation of the Non-FarmParolls Report this Friday - Thats why I locked in a stop just above my entry line to avoid and major losses.

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