Weekly Box Update; we found 218 pips on the $GBPJPY, $AUDUSD, $EURGBP, $GBPUSD and $EURUSD but only close +23!

Weekly Box Update; we found 218 pips on the $GBPJPY, $AUDUSD, $EURGBP, $GBPUSD and $EURUSD but only close +23!

The good news – another positive week (that’s 5 in a row now) as we close out on +23 pips. The frustrating news was the trades we opened maxed out on +218 pips!

Monday’ $GBPJPY trade peaked at 54 pips before reversing into a stop that the Box had moved to break even. The $AUDUSD trade was 34 pips in profit but ended up 39 pips down as the MTBE narrowly avoided being triggered. Our $EURGBP trade smashed through the profit target closing 21 pips really quickly, only to see price move another 60 or so pips! Finally the $EURUSD trade closed out automatically on Friday evening (UK time) for +45 pips.

All in all a good week, but we left a lot on the table. That’s trading! Let’s see what next week brings.

PS if you like Trend Line trading then check out the free trading ideas at TheTrendLiner.com !

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