Long GBPUSD (+44,+44)
Yesterdays trade (scroll down for image) did not make the progress expected and turned lower running into the raised stop loss. A dampsquid end to the week in which we booked 498 pips in total, which is an excellent weeks work.
Long AUDJPY (-20,-20)
The perfect week is broken by this AUDJPY, we also missed out on a long NZDUSD by a couple of pips which adds to the misery. The trade was taken when central bank intervention caused a significant pullback into the buying area. The expected bounce occured but fell just short of our partial profits target, a review of the charts made me take a more negative view of the situation so I took the decsion to educe the stop to -20 which was hit shortly afterwards.
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