If you have been following me, you will know I have been bullish on the Dollar for a while now.
I had an opportunity to long USDJPY on the 1 hour before FOMC. It was a range pullback setup whereby I simply long at support.
After going long on the 1 hour, I forgot I had a buy stop order on the 4 hour. Rightfully, I should have cancelled the order since I just long USDJPY.
An honest mistake that came in my favor.
Then prior to BOJ press conference, I placed another buy stop order anticipating a further breakout. (Decided to scale in since I was up about 10R here)
After scaling in twice I’m currently up more than 15R on USDJPY.
And here are my current open positions going into the close of October.