Trade Review: EUR/JPY

After the open of the US trading session we saw a big drop in the pair which hit the bottom of the channel shown. We entered long at S2 line and saw a quick rise to hit our pt2. Unfortunately, the pair rose so fast it hit our long order and it trended for the rest of the day. Closed at 5 pm EST.

Long trade entered:

Lot 1: +20 pips

Lot 2: +30 pips

Total: +50 pips

Short trade entered:

Lot 1: -21 pips

Lot 2: -21 pips

Total: -41 pips