Tuesday, 31 January 2012

EUR/JPY Analysis

Looking bearish again on the daily timeframe.

- Bearish candle
- Bounce off support
- Trend is down

Order to short as per below:

STOP: 10092
ENTRY: 10019 (50% retrace)
LIMIT: 9800

RISK/REWARD: 3/1

Posted by at

3 comments:

  1. Tee Man1 February 2012 at 22:30

    Order has been triggered. Doesnt look overly bearish now although we bounced off support. Will let the plan play out

    ReplyDelete
  2. Tee Man5 February 2012 at 23:01

    Still in this trade, resistance still holding but euro has finished strong end of last week so i'm expecting a stop out here

    ReplyDelete
  3. Tee Man8 February 2012 at 22:23

    Stopped out as expected yesterday

    ReplyDelete

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