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28/02/2014: I just took a profit on my USD/JPY short @ 101.709


The rate is beginning to find support again and I am happy to take  39 pip profit. I also expect this ranging period to continue.

On the flip-side of this, Cable has shot higher this morning to stop me out of my short position.


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At Hantec Markets Ltd we provide an execution only service. Any opinions expressed by analyst Richard Perry should not be construed as investment advice or an investment recommendation. This report does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Forex and CFDs are leveraged products which can result in losses greater than your initial deposit. Therefore you should only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seeking independent advice if necessary prior to entering into such transactions.