EURJPY (L) 2016.12.05
1st entry 122.4 above 15min resistance with SL at 122.00 below support on the hourly. Half position size entry, scaling in after 1 x ATR with a 2nd entry at 122.62. Good pullback setup with price action break above 20 SMA on 15min chart - relative strength is favoring EUR over JPY.
Note
Frustrating, missed the small peak overnight to 122.9 and didn't have trailing SL set. Stop loss hit on both positions at 122.22.Trade closed: stop reached
stopped out
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.