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Aftermath

Those jpy crosses really collapsed today.

Results today…

USD/JPY short hit target +25

GBP/JPY hit stop loss initially on the short -55, but I re-entered it and the second short hit target +65 = +10 overall

EUR/JPY Long triggered and hit target (just hehe) for +44 then the jpy cross collapse and the short hit target as well for +69

GBP/USD sell triggered, but I would usggest closing it now if you have some pips on the table. I took 12 pips.

Overall pips = +160

No GBP/JPY breakout tonight as today’s move was too much. More breakouts tomorrow before London Open. :)

GBP/USD

GBP/USD has also come back into acceptable range for a breakout

Sell @1.9812 SL1.9850 TP 1.9752

USD/JPY

USD/JPY is in range now.

Sell @111.56 SL111.77 TP111.31

Buy @111.97 SL111.77 TP112.22

Breakouts 2nd January 2008

GBP/JPY

Sell @ 221.37 SL 221.92 TP 220.72

Buy @222.43 SL 221.92 TP 223.08

EUR/JPY

Sell @163.12 SL 163.50 TP 162.43

Buy @163.59 SL 163.23 TP 164.03

USD/JPY

No Signal, out of bounds.

Welcome to 2008!

Welcome to 2008! I hope you had a happy and safe New Year celebration. :)
No gbp/jpy breakout tonight as I’m not sure what will happen so I’m playing the game of caution.

Pre-London breakouts will still be posted tomorrow morning GMT as I think Europe and US markets could be interesting for nice moves meaning rapid breakout targets hit :)
See you in the morning.