Cyclopip

Last week was one of the best week’s I’ve had in a while. Not only did I bag a winner with that EUR/GBP swing trade, but I also managed to pocket a few pips with this EUR/JPY day trade!

Last week was a perfect example of why you should pay attention to the weekly open! Despite the tight trading we saw last week, there were more than 10 opportunities to scalp off the weekly open!

With the Jackson Hole Symposium just around the corner and with EUR/GBP finding tough resistance at .8800, I think it’s time close the door on this trade and book me some nice profits!

Yeah, you read that correctly. GBP/JPY made it rain setups and pips last week! It actually gave us FIVE chances to play its 80-pip range! Wanna learn more about it? Read on!

Last week, I stayed clear of yen pairs as I was concerned that the BOJ would do more to weaken the yen. Looking back, there was a really nice short setup on GBP/JPY that resulted in a 250-pip move! Drats!

Whew! Talk about a close call! With the SNB rocking the markets with a verbal intervention, EUR/CHF shot up over 300 pips yesterday! Good thing I locked in some pips!

Dang! Looks like I should have closed out earlier! With oil dropping almost 10% last week, the Canadian dollar got trashed across the charts, forcing my EUR/CAD position to hit its stop loss!

If you had shorted GBP/JPY at the right place and at the right time last week, you could’ve taken home a legendary 27:1 winner! And you wouldn’t have even had to rely on the BOJ intervention, too!

With all the choppiness on EUR/JPY and GBP/JPY, there were no clear-cut setups on either of those pairs. That’s why for last week’s Weekly Winner, the best setup was on an old friend, EUR/GBP!

Déjà-freaking-vu! I swear I feel like this has happened before. Wait a second… that’s because it has happened before!