Trade: Sell emini S&P and Buy Usd/Jpy

December 22, 2010

Trade: Sell emini S&P and Buy Usd/Jpy

Would like to sell 3 lots of Mar emini S&P @ 1,251 or better.. With stops placed @ 1,256.. Would be looking @ placing this position through asia before. First target is seen @ 1,241...

Buy Usd/Jpy @ 83.65 or better... Initial target 86.00...

Will not elaborate on basis.. Everything's proprietary..

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GrentoneDecember 29, 2010 at 12:21 AM
Stopped out on Usd/Jpy trade @ 82.00. Lost 165 pips on Usd/Jpy trade and lost 5 ticks on S&P 500. US$500 not inclusive of commission, and ¥165,000 (equivalent to less than US$1,650).. In total lost approx. 2,150... Trading with the use of leverage definitely involve high risk... So everyone please beware...
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Trade: Sell emini S&P and Buy Usd/Jpy

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