Jumat, 01 September 2023

Close the USD/JPY Trade At Market Prices

Currency Trader

Close the USD/JPY Trade At Market Prices

By Imre Gams, editor, Currency Trader

Fri Sep 1 2023

Today, we’re closing our short position in USD/JPY for a gain of about 113 pips.

Let’s take advantage of the morning volatility following the employment reports to take a nice gain on our USD/JPY trade.

Action to take: Close the USD/JPY short position at market prices (144.50 as of writing).

Keep an eye on your inbox for the accompanying post-mortem analysis of this trade.

Happy trading,

Imre Gams
Editor, Currency Trader

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