Hacked Market Trades Made Me Over $10k

This week has been a pretty lackluster one in my opinion. Not good for trend trading but an awesome week for some day trades. I made Over $10,000 in USDJPY by holding on to the rest of my long position from way back when I bought it at 105.00 and I intend to hold it even longer after seeing the markets Post-ECB emotions.

On a 240min chart we can see the uptrend begin to consolidate but still provide us with small momentum towards the upside. This may not be the best environment to try to buy and hold any trades more than a few hours to a day at most. 

For a view of something we could've actually traded we should move to down to a 60min chart. Below on the chart we can see highlighted in blue a 5 day view of this pairs movement; What we observe is that this pair provided at least 15 pips everyday that could have been sucked out of some day trades. Monday we rose during the London Session only reverse the entire move + some. Tuesday We see the pair rise 15+ pips during late London/Early New York Sessions and consolidate into the end of the day. Wednesday Was an awesome day because we got to see the pair test 110.00 for resistance twice only to fall 20+ pips. The Fall continued into Thursday and reached a floor towards the end of the New York Session. Once the floor was reached during the Asian Session the pair decided to march over 100 pips which lasted through Today's London Session and New York Session. 

If you were looking for some action this week USDJPY was just one pair that provided daily pips for the acute traders. 

#GirlsWhoTrade, It's a Movement

I think that women in the finance industry are often over looked and I like to believe that having well rounded networks of people to work with is better for business and for personal growth. So to stay true to my doctrine I want to take the time to write the first ever #GirlsWhoTrade post and I'm so happy to be writing it about a friend of mine, Jennifer Whiskeyman.

Jennifer is the constantly on the go mom you could recognize from any family car commercial where the mother has 2 eyes on the driving cars around her and 2 eyes + a smile on her face as she chats  through the rear view mirror with her 2 kids on their way home from school and karate practice. Jen and actually met on Twitter through our common interests in trading and finance. She, being a wife of 20 years (September marks the anniversary), and a complete residential CEO, found time to read my tweets and blog posts I write here everyday. Just when I though I had the most interesting life ever here comes Jennifer with her fast talking and wittiness that showed me there was more to this shy Scorpio. In 1998 Jennifer graduated from University of Maryland University College with a BS in Business Management. That's quiet an accomplishment for the mother of a 9 yr old, and in a full-time role as residential manager.
In 2005 the family moved to El Paso, Texas and Jennifer became an entrepreneur making herself the owner of a marketing franchise where she sold advertising to local businesses and home owners, while at the same time she was an active City Counsel-Woman. This lasted until 2007 which is when she started dabbling in the financial markets. She and I shared this because this is around the same time I started trading. Before long Jen had won a fellowship in 2008 from AFCPE , which was an opportunity which allowed  FINRA to  award accreditation to army families so they could have mobile careers. Soon after in 2009 Jen was working for department of defense contractors which she thrived in until 2013 when she retired from her position. In between all this Jennifer managed to have 2 more children and survived 3 military deployments of her husband.
Jen is one of the most flexible people I know; When asked what she thought her future might bring she simply says, "It quite frankly depends on where the family ends up next,"Although moving affects her access to trading she always wants to be in the markets. She feels successful now and wants to become more successful and she thinks reading more often could help her improve. Jen invests using strategies she's comfortable with and believes that once a trader is good with a strategy, she should stick with it. She prefers trading an Iron Condor Options Strategy. Jen primarily trades stock options and never trades 100% of her account. So contrary to myself, lol. And I am trying to teach her how to trade the FOREX and Commodities Markets.
So this is the wonderful Jennifer Whiskeyman, my friend, and a part of #GirlsWhoTrade.

Jen also writes a blog of her own where she aims to reach the wonderful women who make this World go around. Be sure to check it out at www.tomygirlfriends.com