The trade started good with the USDJPY being the opening profitable trade followed by AUDUSD and just on Friday another profitable trade with the EURUSD. Another good trading setup also existed when cross pair of GBPJPY, however I am not able to trade it due equity limitation.
As the USDJPY chart above showed, I placed a long trade (buy stop order) at 95.96 where the first few hours was a nerve wreaking experience as the Yen trade in the opposite direction. At the same time I also place a long trade with AUDUSD at 0.6328, with both trading ending is a very good profit by the end of Monday.
EURUSD followed suit yesterday on Friday when I placed a sell stop order since Thursday at 1.2819. It eventually hit this price level on Friday with well over 100 pips in profit.
All trading were all done on a simple Daily chart time frame by looking at extreme level of the Bollinger Band with default setting.
I will be looking again for a new trade setup opportunity by next week. Until then, happy trading and enjoy the weekend...