I was only trading between Monday and Wednesday this week due to other commitments, but thankfully this was long enough to trigger two half decent trading opportunities.

The first one was a textbook EMA crossover on the 4 hour chart of the GBP/USD on Monday. It was backed up by various other indicators such as Stochastics, MACD, TRIX, RSI and CCI all indicating an upwards move as well, so I was very confident about this one.

I entered a long position that afternoon at 1.9917 and watched it slowly rise before closing half the position for 40 points. I then let the other half run expecting it to test the $2 mark but unfortunately it failed to do so and I was eventually stopped out at break-even.

The second trading opportunity came on the USD/JPY currency pair. I was again looking for an upwards crossover as the Supertrend on the daily chart was positive. The crossover duly arrived on Tuesday morning and I went long at 107.75.

I again closed half the position for 40 points and let the other half run expecting a decent move up, but again despite threatening to move up it did retrace and I was stopped out at break-even once more.

It was still a fairly decent return for three days work, however.

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