Our GBP/JPY Trading Journal

A nice PDR trade. Entry was perfect and after the threat of jap intervention and jpy news such as int rate announcements were
over, the prices trended nicely as expected to target.
At half point the stop was moved to breakeven.
The US news in the morning played truant and knocked off the
stop at no gain.

Good trade overall.

Breakeven stop losses does this to trades but protects and allows for
100pip gain potential.

breakeven stop hit on reversal from japanese bank intervention.

Got in nice advanced pivot trade after the Intervention scare was
off. Was hoping for a 150.

The candlestick colour changed half way to target and so had
to exit with somewhat lack luster gains.

The prices 30pips along the direction and turned.

The trade was removed for no gain.

Waited for the much anticipated breakout.

***Patience*** Patience***

Got in the breakout and left it since it was tiring.

Good call and target was correct.

Need to try and reenter on seconds, next time.
small loss.

The compression shaping up.

Hope to get an adv pivot or better still a PDR.

Any breakouts also possible.

** need of good hope **

Did the much dreaded pivot point trade down from CPP.

The trend was tempting.

GBP/USD played truant.
colour changed halfway to target. Got out on breakeven stop @ no loss.

Thanks Ram for timely half way sms!

Couldnt make it in the adv pivot (happened due to japanese intervention)

Small break below prev day low.

Tempting trend - made a few pips.
chump change.

Today has good compression and hope to see a breakout!
May have a reversal - PDR - ??

Did a pdr.

Tense as there was a breakout against it but it was not sustained.

The pdr did not deliver.

Closed for chump change.

20p

Breakout trade - did 80p
and lost some money in pdr and adv pivots
due to wrong judgemet (40p)

adv pivot was logit but try and make em better.
pdr was not - so stop doing the same.

-25pip = logit loss on breakout trade.
stopping trading for november.
gotta enjoy the hols.

Just winged it on the adp non farm
it was sidewinded by a surprise fed announcement 15m ago.

so.....

(for kicks)

**Could I use a good news trade (whew)***

Found a nice advanced pivot trade
and entered (at cpp - more like pivot trade - avoidable)

The prices turned back halfway.

exited - no loss

Not much output. Closed w/o any gain.

Need to wait for better trending market.

PDR trade - should have gone easy.

The trade was removed half way near cpp due to colour
change.

For PDR trades, colour change (even significant change)
is very likely near the CPP. A better approach for this
kind of trades is to put breakeven stops and forget about them.

(This trade did move to target )

However was closed for measly 20pip gain.

News is sketchy and unpredicatable. The traders are waiting in the
woodworks. The movement is not all that certain.

Nothing happening and prices are just compressing due to no direciton.

*** Phew ***

tight compression today on g/y

Got in on the breakout!

it was un sustainable break - so had to exit (20pip loss)

Trend down - !!

Now let's see your stuff !!! lol.

I want to see you call the trade adhead of time !

See how many respond to this request.

Who will stand up to the plate ???

Thank you, for showing your stuff .!

G.

Since the trend was down - got in on an otherwise fool hardy
adv pivot

Had to close the trade at no gain.

target was over ambitious. it could have given a 30p chump gain
otherwise.