Cyclopip

I’ve decided to follow Pipcrawler’s lead and make past price action reviews on my favorite currency crosses. He has his “Pick of the Day,” now get a load of Cyclopip’s “Weekly Winner!”

What a trade! I had to stomach a couple of gut-wrenching dips with this one, but at least I’m walking away from it with a few pips in my pocket!

What a way to end this trade! On Thursday, Standard and Poor’s downgraded Japanese debt, sending yen pairs flying up the charts and stopping out my trade!

It’s times like these that I wish I had two eyes instead of one! While my single eye was focused on that bearish flag I had spotted on EUR/GBP, I was unaware of the ascending triangle that was forming on the pair

It’s December again, and you know what that means – time to rest up, eat some bunnies, and hit the clubs with my man Big Pippin! But before I go off for a lil’ R&R, I will leave you with a review of my trading over the past calendar year.

It looks like a new low wasn’t meant to be! EUR/CAD has moved up higher, which pretty much invalidates my trade idea.

Dang it! Once again, my trade didn’t get triggered and price hit my desired profit target!

With euro regaining some of its bearing the past couple of days, and the yen on the losing end across the charts, EUR/JPY has climbed back up the charts! As a result, my trade got stopped out at breakeven!

Guppy dropped down to hit my profit target, but unfortunately, my order didn’t get triggered!

Wow! Thanks to the run of risk aversion we saw yesterday, EUR/JPY tumbled down the charts, hitting my 2nd PT!