Euro / Japanese Yen
Long

EURJPY: Buy stop above current market price

514
Hey traders,

On the EURJPY I'm looking to enter long above the recent high. My buy stop is about 25 pips above that. With the stop loss below the 61.8% Fib retracement we should be alright. This does mean that we will have a huge stop loss, so keep that in mind.

Cheers

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