Trade Review: USD/JPY

It looks like we didn’t get to end the week on a good note. An interest rate hike by the Bank of Japan hasn’t been seen in over six years, so it was hard to predict what would happen. What we saw was whipsaw action in the time leading up to the rate decision and afterwards. Fortunately, we kept a tight stop during this uncertain event and limited our losses.

Lot 1: -20 pips

Lot 2: -20 pips

Total: -40 pips