Trade Review: EUR/JPY

Here’s a quick review of my only pick after my break last week. It looks like I underestimated the move of the E-12 CPI report and picked out the wrong resistance point at the R2 line. It’s okay. It’s another important lesson learned on gauging news reports, and I limited the loss to only 20 pips.

Longer Term Trade reviews


My USDCAD pick went as far as 85 pips before returning to the entry point. Still in trade.


My longer term pick on this pair still has not hit entry point. I will continue to watch this trade.


This pair has broken below and closed below the middle channel lines. Entered at .07271. Currently up 18 pips at 0.7253. Still in trade.