Cyclopip

Bahhh. Where did all the yen strength go? The yen took a hit last Friday, and unfortunately, so did my trade.

Great. So much for trying to get in on a retracement! EURCHF just made a new low, so it’s time to cancel this trade!

EURAUD did break out! But to the downside! Ha! So much for my trade idea! I guess it’s time to cancel my trade!

Well, things were looking good for me for awhile.. But then we saw more range like trading and eventually, I got stopped out at breakeven!

Bahh, looks like I got faked out! I was right on the initial move, but price reversed later in the day and stuck within a tight range!

It turns out I was right in predicting that EURJPY would drop like a rock. Check out that slide all the way down to the 110.00 mark! Unfortunately, I missed this boat since the price didn’t climb all the way up to my entry at 113.30.

Kaboom! I guess I should have closed this one earlier! I held on a bit too long and I paid dearly for it as GBJPY dropped like Lebron James popularity last Friday!

So much for my trade idea. EURGBP, after breaking out of its descending channel, was slowly bought up by the bulls. Needless to say, my trade stopped out eventually. Boo!

D’oh! EURCHF hit my manually placed trailing stop at 1.3250 when it pulled back up yesterday. Still, a win is a win, +60 pips for me! Boo yeah!

Sadly, the bears were too aggressive on this one and did not let the pair retrace high enough to reach my entry point. Because the pair has made a new swing low, I need to close any open orders that I have.