EUR/JPY Short
EURJPY For those of you who followed my latest EUR/JPY trades, this one is another reentry short position based on the previous technical factors I hav mentioned. I am riding this waving until it hits the 50% retracement. I am looking for re-entry points at retracements that do not break the previous high. This may be my last trade of January... so far a profitable month! This is a 2.17 risk to reward ratio on this trade. I do not want to risk to much on the downside so I am willing to cut losses early if it retraces.
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