Cyclopip

Nice way to start off the week as our trade closes shortly after trading begins in Asia as our short position hits our second profit target.

EUR/JPY hit 162.00 during the afternoon Asia trading session. We moved our stop down to 163.00 to lock in profits and in hopes to catch a further move, but

Our first profit target was hit yesterday, where we closed half of our position and moved our stop to break even on our remaining position. We did not get to see a

It looks like volatility took EUR/JPY as high as about 162.95, just below our entry orders, before sellers jumped in and bought some Yen in early US trading.

Our short position on EUR/JPY closed earlier today as the pair hit our second profit target at 160.00 during the Asia trading session.

Well, it looks like another case of “right on the analysis, but wrong on the entry” as our short position missed being trigger by about 10 pips.

Our patience has paid off today during the morning European trading session as the Euro continued to sell off against the British Pound.

Well, we’ve waited a bit on this trade idea, but it looks like the pair won’t hit our short entry at 1.6210 any time soon. It’s a new week, so I’ve decided to

We caught a few pips on half a position last night as EUR/CAD rallied during the morning European trading session, even after

Our trade closed yesterday as EUR/JPY found an intraday bottom at 159.00 where buyers jumped in to push the pair back to our adjusted stop price and beyond.