There has been a little bit of movement this morning, but a noticeable lack of follow-through.  I’ve taken 5 trades this morning, all on pull backs in clear moves.  3 of them have stopped out (USDCAD, GBPJPY, and  AUDJPY).  I’m still holding GBPUSD and NZDUSD, which keep flirting with my entry point, but not really establishing a clear follow through.

I just took two more trades- one on EURJPY on a pullback, and a second entry on AUDJPY on a further pullback.

I punched out of the GBPUSD trade in the face of no follow-through and it seeming to be stalled at about +11.  May prove to be a mistake. Currently down <24>.

The re-entry trade on AUDJPY just stopped out for <12.0>  That brings me to <36>, and still holding NZDUSD and EURJPY.

EURJPY has pulled back and has now gone negative after being up by about 9.  Still holding, and still holding NZDUSD, which is down <8>.

And the EURJPY trade pulled back further and stopped out for <10.2>. Now down <46>. If the NZDUSD doesn’t turn around and bail me out, I’ll be done for the day.

It didn’t happen. The NZDUSD looked for a bit like it might pull back up, but it went ahead and stopped out, putting me down <56> and over my line in the sand.

It was definitely a mistake to bail on the GBPUSD trade. I took it for +10, but it’s currently up 37 from my entry, and about 15 away from hitting what would have been my TP limit at 1.4250 (which would have been again of 47).  That one trade right there would have turned things around and kept me in the game.