Originally Posted by jcvictory

It was my opinion that the USD was going to strengthen against the Yen so I bought 100 USD/JPY at 107.748 on 6/12/08 at 23:54. The USD did strengthen overnight until my position was stopped out at 108.265 on 6/13/08 for a gross P/L of $469.26.

It was my position that the EUR was going to weaken against the USD so I sold 100 EUR/USD at 1.54503 on 6/12/2008 at 23:54. The EUR did weaken overnight until my position was stopped out at 1.53307 on 6/13/2008 at 08:08 for a gross P/L of $1,196.00.

So, I guess it was a pretty good night.

JCV