And I'm Out

After watching the behavior of the GBP/JPY and the CAD/JPY; I decided to exit the postion at a profit and wait for confirmation that the move downward is going to continue. I might wait for a re-entry here in the next hour...but we'll see; and even as I write this post I could have been faked out....

The CAD/JPY (above) did a weird thing in running down at 8:30am and then popping back up at 10:00am....I just don't like that and I'm not used to seeing this happen so I don't know how to handle...yet.



The GBP/JPY (above) did the opposite; popped up and then ran down....Again, not used to seeing this or trading this.

Waiting for re-entry....