So, it finally came. Move in GBP-JPY. After couple of days of starring at the screen and adjusting orders, the “beast” ran my way. The buy order at 187.60 was filled and not much later I was out at 188,60 with 100 pips. Once prices retreated a little bit, another buy order was placed.

This one was at 189.00, just above previous high. Shortly after the trade was executed, and just couple of hours later target of 190.20 was reached. Very good day. After that I just sat back, enjoyed the moment and watched with amazement as GBP-JPY just kept climbing. “Beast” lived up its name, moving about 700 pips in a day. It can be really scary to be on the wrong side of a move like this.
I had one more trade posted in this blog, a buy in AUD-USD.

This one also paid 100 pips, only it took a little longer.
That was a very good week for me, 4 good trades in GBP-JPY and one in AUD-USD cleared over 700 pips. I only wish it was always like that…
At any rate, I will review charts Sunday morning my time and post my next moves before market opens.
Mike K.


