Another day of crazy moves. Yesterday afternoon my time (west coast), another large sell off for Pound. It dropped to 1.6800 against the dollar and 100o pips against JPY. I’m usually asleep at that time, so I didn’t do anything. It continued through Asian opening. For the rest of the day most currencies jumped around like yo-yo in hands of drunk sailor.
I was busy. Once again going long EUR-JPY off 5M charts. Unfortunately, since Yen was still on a roll, price moved mostly lower, but I managed two trades.

First trade lost 50 pips, second made 100 pips. I had more trades but since they were not mentioned here before, I’m not going to bring them up. Turned out I was very lucky with my EUR-AUD trade yesterday. Since I took profit there it has been moving away and made it all the way up 2.1000. There are some large moves right now in all crosses but at this point, I don’t really care.
Time to clock out for the weekend. I’m not going to venture with any views and opinions for next week. This requires a fresh and clear mind and I’m simply too tired. Over all, despite difficult trading environment and many mistakes, this week was satisfactorily positive. Have a great weekend!

Mike K.