Not a very good week for us, the choppy movement in sterling tripped most of our stops in GBP/USD and GBP/JPY, however, we were able to enter a long position in EUR/GBP at 0.8530 and our upside target at 0.8630 was just met today.
A long position was also entered in USD/CAD and the position is still holding at the moment.
No position was entered among other currency pairs.
In short, 5 positions were entered last week with total loss of 70 points and the positions are listed below.
17 May : GBP/USD – Short at 1.2920, exited at 1.2970 (- 50 points)
18 May : GBP/JPY – Long at 144.50, exited at 143.90 (- 60 points)
18 May : EUR/GBP – Long at 0.8530, exited at 0.8630 (+ 100 points)
19 May : GBP/USD – Long at 1.2995, exited at 1.2935 (- 60 points)
22 May : USD/CAD – Long at 1.3530,
| AUD EUR/JPY EUR/GBP CAD GBP GBPJPY
Jan – 15 -275 – 35 -120
Feb + 140 -17 – 40 +11
Mar – 20 +115 +132 – 19
Apr + 30 – 40 +120 + 45
May – 55 +100 -65 -60
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Y-T-D + 135 – 232 +117 + 158 -65 – 15
