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Jan 4th Update

What a boring market pre NFP

I took 10 pips on the gbp/usd short that triggered after the trailing stop was hit

likewise, gbp/jpy short gave me 8 pips.

eur/jpy short hit stop loss for -36 pips.

gbp/usd long hit target for +40

gbp/jpy long hit trailing stop for +11

All up,  +33 pips.

I’m deleting all pending orders at this time. Pre-NFP markets are not usually that good and today’s move (apart from the insane gbp rally) was pretty lame.

Have a good weekend all and see you on Monday!

Jan 4th Breakout Signals

EUR/JPY

Buy @161.41 SL161.04 TP161.95

Sell @160.72 SL161.08 TP160.20

USD/JPY

Buy @109.67 SL109.28 TP110.13

Sell @108.90 SL109.28 TP108.43

GBP/JPY

Buy @216.47 SL215.50 TP217.66

Sell @214.54 SL215.50 TP213.35

GBP/USD

Buy @1.9740 SL1.9705 TP1.9780

Sell @1.9705 SL1.9740 TP1.9650

Word of caution. Today is Non Farm Payrolls day so you may want to sit this one out. Either way, use a tight trailing stop today as volatility may be lower heading into the US session. Good Luck!

Asia Result

Boring….

I couldn’t enter the long order when I got back to my platform because of the 10 pips from market price limit. If you got in, break even was possible…. just.

My short triggered but it didn’t go very far. Result was trailing stop hit at +8 pips.

More breakouts coming up shortly

gbp/jpy Asia Breakout for Jan 3rd

GBP/JPY

Buy @215.96 SL215.61 TP216.71

Sell @214.96 SL215.31 TP214.21

Use 25pip trailing stop in case movement is not very much. Good luck. :)