EUR/JPY 30/30
August 25, 2008
Today, we had a small profit of 14 pips. Our stop buy order of 162.19 was filled; however, by 13:30 GMT, the 30-pip take profit target, 162.49, was not reached yet. So, we changed the take profit to 162.33, and the stop loss to 162.22. Finally, at around 14:00 GMT, our take profit 162.33 was hit, 14 pips of profit.