Hello All,

Today was one of those typical chop day. When all was said I done I went home with a -8 pip loss on the GBP/JPY. FT, who is the Euro session coach, gained +40 pips in his session today. The GBP/JPY has been having big swings this week, however, today was very quiet. The overall GBP/JPY range produced a 40 pip range that was enough to put me to sleep. So far we have had the stock market bounce despite the 'Syria Scare'. We will see what will develop tomorrow as we go into a three day weekend. The question is will traders be holding their trades into the weekend? We will see.

Happy Trading All!

Regards,

Gerard (BT)