Been a slow week so far, but ive been trailing gby/jpy since last friday's drop(237.75 low) and this pair managed to hike back up(239-ish) and remained flat for last 2 days. This pair is also at its peak, last high was recorded at 239.15 in '98. And today made a massive advance to 241.93, 200++ pip movement.What a beast! Taming this aint easy.
I did place few long trades but also shorted the pair :(
Must practice not to go against a trend!! or else things can get really ugly.
US Durable goods report tomorrow, let's see what other opportunities lie ahead.
Result: -2500 pips, balance still above 5k and expiring next week :(
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