Morgan Stanley hit the proverbial nail on the head with their EURJPY short at 136.10 yesterday
260 pips for half a day isn't bad work if you can get it. Morgan Stanley look to have grabbed a great short just 4 pips off of yesterday's high at 136.10
We've been down to 133.50 and that's 100 pips from their profit target
EURJPY daily chart
The question I want to ask you guys is, on a trade like this when you're well in profit, how easy do you find it to see the trade out to its conclusion, or does the psychology kick in and you start fearing that you'll lose what you've gained so far so you bail early?