Its not been the easiest day in the forex markets. The euro yen trade I placed this morning has done nothing positive all day. In fact it has underperformed the euro $.
It is now trading at 123.37 which is 17 points above my short entry . This is a paper loss of about 6 points on a normal position size.
I dont like the trade anymore and have decided to scratch the trade. It the first loss I have made here but its a small loss.
Closing Euro Yen short at 123.37
Have a good evening. I am still under the weather from flu and i hope to be firing on all cylinders tomorrow.
Good Trading
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