Closed EJ and UJ shorts

11.10 gmt

With the Euro gone wild today, I am not too confident of the EJ and UJ shorts. I am closing them, as follows:

Closed EURJPY at 118.59, +30 pips.

Closed USDJPY at 88.79, +23 pips.

Over the time that I have tracked my system, markets like today produce the worst outcomes for me. Markets behave like this in the hours after a keenly awaited news event or data release. I need to think of a strategy to deal with such days. Perhaps the best might be to not trade for at least one hour after the event?

11.38 gmt

damn this market. It has moved back down almost 20 pips in EJ and 10 pips in UJ after I closed my shorts 😦

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