So We're Taking 2 in the Aussie This Week...

The strategy I trade can sometimes throw curves... We had a somewhat small range of 140 pips in the AUD/USD last week. That makes the breakout points rather close at only +/- 42 pips from the open. We got triggered into the short AUD trade a little after Midnight EDT, and then we were promptly stopped out about 17 minutes later. Then about 2.5 hours later, the long trade got triggered. I don't have anything set up to alert me while I'm asleep that trades have occurred. I could, but I'd rather have the sleep. I don't worry about situations like this, because it is rare and the effect of these sorts of happenings will tend to get smoothed out over the course of thousands of trades. Actually, the 2nd trigger in this strategy has an edge as well, and you could design a profitable system to take both trades. You'd have to do it consistently to extract the edge... not just when you happen to trigger into it like I just did.

 So here we are with the first realized loss of the week:

Short 431 AUD/USD at 0.9165 stopped out at 0.9221 for a loss of -$2.45 or -2.54%

 Next, we have several trades which have triggered and are sitting with a mix of profits and losses:

Short 612 EUR/CAD at 1.3556 with stoploss at 1.3635
Short 583 EUR/USD at 1.3445 with stoploss at 1.3528
Long 861 AUD/USD at 0.9249 with stoploss at 0.9193
Long 242 USD/CHF at 1.0677 with stoploss at 1.0577
Short 101 GBP/JPY at 142.23 with stoploss at 144.61
Short 312 GBP/USD at 1.5135 with stoploss at 1.5290

Only USD/JPY remains to be triggered, and we're about 30 pips from shorting it. Anything can happen... it's the currency market, Baby!

Current account equity: $105.52