-80 pips loss.

buy at 211.15 stop 210.35

it was bought Feb-01 on avg 210.4 and sold at 212.64. So we have got 200 pips profit on rate change and near 50 pip on roll over

the price is not going up. so we prefer to close current position with the profit 106 pips.
looking to buy on dip.

The Nikkei rose to as high as 13,881.41. It remains relatively bid at 13,866.20, up 365.74 points or 2.71% on the day. Despite this, EUR/JPY is trading a bit heavy, having dipped back below 159.00. It currently trades 158.95/98. Profit-takes may be behind the dip in the cross, especially following the plunge to a low of 158.16 on Friday. Dealers also note the slew of negative news on stocks as well as the positives, including the bailout of ailing bond insurer Ambac as soon as tonight or tomorrow. This being the case, mostly look to remain sidelined till London and/or New York when direction may be more clear. Resistance in the cross remains at 159.60, the high last Thursday, at 159.76, the top of the Ichimoku cloud, and then ahead of presumed option barriers at 160.00. Stops are eyed above each of these levels. Support below is seen at the current 158.90-159.00 level and then towards Friday”s spike low

buy now at 211, stop 209.9, target - 213.8

Technical View Last week”s price action in the USD/JPY ended a three-week
sequence of making a higher weekly high suggesting that upward momentum is waning. The USD/JPY continued the sequence of higher weekly lows for the fifth consecutive week so last week”s 106.71 low is key support. A break below that level would suggest that a top is in place around 108.60 and a test of 105.00 in on the cards.

We have been told that a Swiss name has been buying cable ahead of 1.9400, following its latest EUR/USD-spurred leg lower. 1.9410 bids have just been tested.
GBP/USD plumbed intra-day lows just shy of 1.9400 on February 8 and February 11–and this has spurred speculation of possible exotic option exposure at the figure. 1.9388 was the traded low on February 7 (post-UK base rate cut). 1.9337 was last month”s 10-month floor (Jan 22).

ositive Stock markets and a return to carry, helped to underpin the pair in London today. Broader based USD gains were also playing their part early on. The pair has spent the afternoon session trading a very limited 108.08-21 range, with light orders both sides of the market being enough to contain in US holiday thinned trade. Bids tipped in to Asia”s 108.00 range peak, with more size at 107.80 and 107.50. Offers touted above 108.30 have kept the topside in check all day (108.33 the early high), with stops cited at 108.40 and 108.60. 109.00 remains key, with option defense of near maturity barriers expected ahead of this level.
EUR/JPY has moved back out to the mid 158″s, having marginally extended its 158.16 range base to 158.10 on the early EUR/USD slide from high-low 1.46″s.

by the end of current week all options will be expired, so it will give additional volatility to stock indexes and currencies