EURJPY 15m buy -20pips (20 Nov 2013, 4.15pm GMT+8)

By | November 20, 2013

Immediately after the short trade I took today hit TP, price bounced off the 200EMA (red line), with the daily pivot confluence and high volume lines (khaki coloured lines), I took a long with a target at the daily R1. Let’s see how this plays out.

Entry price: 135.444

EURJPY (20 Nov 2013 4.15pm GMT+8),

Turned out to be a loss. -20pips I have reversed short after seeing the market test the 20 EMA (blue line) and the support turned resistance. (see below) Target is daily S1


One thought on “EURJPY 15m buy -20pips (20 Nov 2013, 4.15pm GMT+8)

  1. Pingback: GBPJPY 15m buy (20 Nov 2013, 4.15pm GMT+8) | Abundance Trading Group

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