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upcoming long on the usd/jpy

Posted 02-08-2010 at 11:09 AM by kylefoley76 [Show Appreciation] What's This?

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i've lost 2 of my last 4 trades, and in the one win, i only scored half of what i risk, so for this trade i'm only shooting for a 1 to 1, because i don't want to slip below a certain level.

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1. 	Hi Kyle Something to take into consideration for this trade is that the retail crowd- the group that is wrong 90% of the time- is heavily long on this pair right now. There are more than 5 retail traders long for every 2 traders than are short. Cheers Tek
   	Posted 02-08-2010 at 01:01 PM by Tekmnd [Show Appreciation] What's This?

2. 	i've already gave up on that one, not enough bullish momentum
   	Posted 02-08-2010 at 02:04 PM by kylefoley76 [Show Appreciation] What's This?

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