Coming to the charts early (6:15 CDT) because of the EUR Minimum Bid Rate news, I find almost everything constrained to very tight (20-30 pips) ranges overnight.  The exception is the GBP, which moved 60-70 pips. GBPUSD is in a clear move to the upside, and GBPJPY is near the top of the overnight range, although it just hit the top and pulled back by 20 pips.

Waiting the EUR news before taking any trades.

The ECB minimum bid rate news at first seemed like there was no movement, but then the EURUSD started to move up, and I took it long. It pulled back a minute or so later and stopped me out for <8.4>.

I just saw that Kim took the EURUSD short on the news for +21 pips.  I never thought about re-entering it short after being stopped out. My bad.

Took a range break long on GBPJPY at 7:20.  Let’s see if it follows through.

GBPJPY stopped out for <12.1>.

During the Draghi press conference, things turned into a bit of a mess.  I had a range breakout pending on AUDJPY short get triggered.  Then had a spike short on the EURUSD trigger a pending order there and immediately (21 seconds) pull back and stop out.  I should not have left that pending in place during the press conference.

And now the AUDJPY got stopped out for <12.1>  So I’m down <41.0> to start the morning. Not an auspicious beginning.

I took a range breakout long on a pending order on NZDUSD just before the two minute rule.  It closed the candle outside the line. Let’s see what it does on the next candle.

Took a re-entry trade long on EURUSD at 1.2200, and a range break short on USDCAD. The USDCAD closed the candle inside the range, and I took it off for <7.4>.  Now down <48.4> and holding NZDUSD and EURUSD, both long.

The re-entry on EURUSD stopped out for <8.0>.  Now down <56.4>, and holding NZDUSD at 8:07.

The NZDUSD has now moved up to where I can lock in BE, and it’s closing on the first profit target of 0.7100.

At the same time, AUDUSD hit a range break long.

NZDUSD hit a tight trailing protective stop at 8:38 for +3.6 pips.  My first winner.

But then I had to punch out of AUDUSD for <9.4> because it closed the candle well inside the range. One step forward,two steps back. Currently flat and down <62.3>.

Finally got a pullback entry on GBPUSD long.

At 9:00, the GBPUSD is still holding in there, and USDCAD just took a range break long.

The GBPUSD stopped out for <10.1>, and I got a range break short on EURJPY. Currently down <72.4> and holding USDCAD and EURJPY.

USDCAD was disappointing – it was up 11, then pulled back, and I took it off at BE. (actually, +0.2).  I’m about to wind it down, and I didn’t want to take anymore losses.

Moved the stop on EURJPY to the ’50 level (+16 pips). Gonna close it out and call it a day at the end of this candle. And it hit the stop for +16.6.

Net for the day: <55.6> (-2.75%).  Not a good day.  11 trades, 3 winners (20.3 pips), 8 losers (<75.9> pips). Net for the week <123.6>, and for the month <176.9>  Still have 1 trading day to go.