Thursday, April 11, 2013
Wednesday, April 10, 2013
USD/JPY
I just sold this for 10 standard contracts (1M total) with a 195 pips SL up at 101.70 and a 854 pip take profit down at 91.21. The risk reward of this trade is 195 pips/ 854 pips = .22834. Monetarily it's risk/reward is $19,550/$85,605.