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

EURJPY

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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