Shorting the GBPJPY… from all to nothing!
Last night I saw an opportunity to short the GBPJPY currency pair and I entered at 205.20 with a 200 point target and a 100 point stop order. In the back of my mind, I know that I need to leave these trades running, there have been many occasions where I have closed for 100 to find that the market has moved 500 my way or more! Anyway, I set this trade in motion and went to bed... I woke up to find that the market had moved and throughout the day, went lower... the lowest was 204.00 which was
