Stopped out of both Yen trades with sudden spike

13.12 gmt

There was a sudden spike in USDJPY and EURJPY and by the time I could exit the pairs each had jumped more than 20 pips. Anyway, here is the close details:

Closed EURJPY short at 124.05, -100 pips, -17.3%.

Closed USDJPY hedge at 93.13, -67 pips, -10.4%.

Pretty bad outcome, but couldn’t be avoided.

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