218 | +1.799% | 3 Setups
08:11 Cold Wednesday morning, after yesterdays radical moves on USD .. there may some retracements waiting today.
Currency Data now:
- Positive: EURÂ Â
- Negative: NZD, JPY
- Neutral: all the rest
- Pair(s) to Watch: EURJPYÂ (Sell)
- Asia Session had some small events planned.
08:01 buying GBPJPY, quickly realizing this may wasn’t a good idea .. reversing to Sell immediately
08:02 Sell USDJPY to get some speed in the recovery of the sleepy loss.
09:44 reversing both GBPJPY and USDJPY to buy positions
but honestly, I have not very much confidence in this setups.
GBPJPY is at a channel top (from hourly chart)
USDJPY, however, has quite some room to 113.137 but the Nikkei index has trouble keeping it upwards.
12:28 scaling in 10% into USDJPY
13:10 all went good .. being in massive profit (almost at breakeven) .. then THIS happened:
14:00 scaling in again 10% on USDJPY, while GBPJPY is still in loss.
prey on opening volatility to shape some of the losses off .. if that won’t happen ill exit this trade.
14:19 closing GBPJPY Buy, it may go higher but there is too much at stake, i may need the margin to hedge the USDJPY position as the dollar is dropping rapidly. gaining 0.224%
14:57 Closing all USDJPY Trades 4 pips early. gaining 3.495%
taking the hint, and closing up shop right now.
Total Today: +1.799%
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