Forum >> JPY crosses: close of all long positions (archive)

Opened by: silvertrader
Opening date: 23 October 2009 11:21
Number of entries: 1
Last entry: 23 October 2009 11:21

silvertrader wrote: 23 October 2009 11:21

We've been long in GBP/JPY, USD/JPY, EURJPY and CHF/JPY for several weeks now. Today we received a sell signal for all these pairs. The AUD/JPY was the first sign of a strenghtening Yen, we went short on the 19 Oct. The next canary in the coal mine is the GBP/JPY, which fell off the cliff immediately after we closed our previous long position and went short today. All these signals are closed with very satisfactory profit, you can check them out in the Archived Signals section. These trades show again the potential of trading our proprietary trend turn signals.