By the Way, a Stock Market Crash is imminent

Sauros at 18h40
25
Aug
2010
By the Way, a Stock Market Crash is imminent

Further to yesterday's post, I've finally got my USDJPY, the temptation was just too strong. Traded at around 84 and with a stop below yesterday's (and 15-Year) low and as I believe it could go back to 88 or so in a few weeks time, I think it has not a so bad reward-risk profile : 6:1 roughly. If the pair reaches the 85-mark, I may consider putting on more as I guess a herd of Bulls is waiting there. This said, the contrarian argument I rai
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25/08/2010 at 18h40 by "Sauros"