I started observing the USD/JPY when I woke up this morning. I had my trading platform open the whole day. It does not show any trend I'm waiting for in the whole morning and afternoon. In fact it was just lingering in the range of 121.55-121.92. I thought today would just pass on and didn't bother to check much, except occasional check. I was glad I still do the occasional check.
In the evening around 9pm, I notice the currency was dipping quickly. It was moving towards where I wanted it to be. I watch eagerly for the moment and finally managed to submit my trade. It was engaged and closed within 15 mins. I made a profit of $49.36 in my practise account today.
Open Date: 06/05/2007 10:00:59
Instrument: USDJPY
B/S: Buy
Open Rate: 121.40
Lot: 0.5
Close Date: 06/05/2007 10:13:55
Close Rate: 121.52
Gross PL: $49.36
Beginning Balance: $1,049.29
Ending Balance: $1,098.65
Profit: 4.7%
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