EURJPY Live Trade

Hi Everyone

Todays live trade is detailed below

Reasons for Entering 

• Daily bearish candle indicating the turn in sentiment
• The rejection of the 128 area
• Cot data once again indicating the load of shorts in Euro back over 120K contracts
• More bad news for Greece, now trying to sell their debt in US.

Entry -127.05

Stop Loss 1 -127.42

Stop Loss 2 -127.92

Profit 1 -125.50

Profit 2 -124.00

Profit 3 -TBA, this pair can run, see how it plays out
 

Update 1 - Admin Fee achieved

Update 2 - Break even achieved

Update 3 - Take profit 1 achieved

Update 4 - Take profit 2 achieved

Update 5 - Trade closed final position bought at 123.50 just ahead of the 50% daily Fib at 123.30

Total pips = 355