Euro / Japanese YenShort
EURJPY Homerun trade + 240 pip potential
Updated
the Monthly and Daily are bearish
and this pair has been banging up against the 125.23 level all week
IMHO, this is ready to explode to the downside.
The Cloud is thin and price has established below the 60 Kejun Sen
Entry = 125.23
Stop = 125.43
Risk = 20 pips
Profit target = 122.80 (the Daily Kejun Sen)
Reward = +243 pips
RRR = 12 -1
and this pair has been banging up against the 125.23 level all week
IMHO, this is ready to explode to the downside.
The Cloud is thin and price has established below the 60 Kejun Sen
Entry = 125.23
Stop = 125.43
Risk = 20 pips
Profit target = 122.80 (the Daily Kejun Sen)
Reward = +243 pips
RRR = 12 -1
Trade active
Trade has been triggered :)Trade active
Got a very nice push down. trade is +35, moving stop to breakeven.Trade active
This trade is up +62 Pips. A very healthy 3-1 RRR. No shame putting a little in the Bank :)Trade closed: stop reached
My apologies for not updating this sooner. As you can see from the prior updates , his trade was up +62, when I recommended putting a little in the bank. the update before was to move the stop to breakeven, since I did not update this I hope everybody banked a little money but I will mark this as a breakeven trade.Allen
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