simple pullback for usd/jpy?

lulu2199

Trader
Dec 21, 2012
34
0
17
Hello everyone,

My trade of USD/jpy long is lowing money. However, still now I cannot see any kind of real signal that this pair will go bearish, even for a short amount of time. Indeed, there was no obvious pin bar, nothing for me suggesting that I would have today's down. Therefore, is it a simple pullback? Do you think that it will go back up soon?

Thanks!
 

Enivid

Administrator
Staff member
Nov 30, 2008
18,534
1,355
144
Odesa
www.earnforex.com
You should have used a stop-loss on your USD/JPY trade. If you have not set it up when entering a trade try to estimate the SL you would use back then. If the pair is currently below that level - close your trade.