If USD/JPY takes out today's low, I'm shorting it. The break, if there is one should be decisive, and if not, I'll get out... perhaps before I get stopped out. Regardless, the stop is relatively tight.
Pending order(1): Short 6,662 USD/JPY at 97.48
Pending order(2): Long 3,331 USD/JPY at 96.70
Initial stop: 98.26
Initial exposure: 78 pips, $51.96 or 15.00%
Current closed equity: $346.37
Current position: flat
Current exposure: 0
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