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September 7th, 2008 at 8:21 am

Surprise.

What did I write in the post on Friday? That I didn’t expect my GBP-JPY buy order to filled soon. Imagine my surprise when I was doing my “before the weekend” routine and noticed what had happened over last hour of trading.

gbp-jpy.jpg

I’m firmly in this trade at 189.55. This last hour moves happened across most of the currency pairs I follow. That changed my plans about additional trades. At this time I’m not placing any new orders, at least not on the time frames I discuss here. But it is going to be a busy week.

Mike K.

 

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