USDJPY trade 3/30 ~

when USDJPY was 82.45 36hrs ago, as we mentioned USDJPY hit 83.00 and then down to 82.50 today. according to low volume, we judged resistance would work as well, and it was right trade.

9/23

9/22 +8pips
9/23 0 pips right now

Calender:
USD umemployment claim
USD Existing Home Sales
USD CB leading index

EURUSD:
Long 1.3375-1.3355
TC 1.3450-1.3480
LC 1.3300

it is gonna be resistance around 1.3500

I do not recomend to have short position but scalping trade.

9/22

9/21 -22pips -2.8%
trading error
good risk management

today's clalender
no paticular events

EURUSD 1.3333 could be resistance,
in my opinion, it will looks like Double Top.
my stratedy:
Long 1.3265~1.3230 TC 1.3335~1.3380 LC 1.3180
Short 1.3333~1.3380 LC 1.34000

currentry +8pips right now.
my trade will be close if loss acheives -3%. That's trading rule #1

9/21 report

9/20 +16pips
9/21 +11pips right now

Calender:
Building permits 560,000
house starts 550000
FOMC 0.25%

USDJPY:
85.20-86.20
short 72% long 28% (8/20)
85.80-90 Short
TP 85.45-30
LC 86.35

EURUSD
short 49% long 51% (8-20)
1.3090-1.3115 Short
TP1.3025-1.2980
LC 1.3150

9/20 report

Today is just +13pips...
It is better to forecast how much I am gonna lose pips when trade is loser than forecasting how much pips I get.
Tokyo market was close today, then market was slow.

tomorrow I will be cafefull for :
AUD  Monetary Policy Meeting Minutes
USD FOMC statement http://www.youtube.com/watch?v=k0446s_IlzA&feature=player_embedded
USD Building permits & Housing starts http://www.youtube.com/watch?v=CnLGYlBVxnQ&feature=player_embedded

it will look good to post before NY market opens:
Forecast Range
Calender
Data

I will try to post those tomorrow.