EURJPY: Price at Key Resistnace, We Sgo Short

OANDA:EURJPY   Euro / Japanese Yen
496 6 23
Selling EURJPY             at the sliding parallel to the downsloping median line with a very good risk/reward ratio is a very nice idea..!
Comment: Funny how this setup worked. Price reached the sl to the pip, and reversed without stopping us out and dropped massively towards our tp for a succesful 3.3:1 risk/reward :)
Trade closed: target reached
do u set the SL above the red area in every signals ?
Fxprotrader sadeghm9
@sadeghm9, The sl is placed at the end of the red area..! In this case 120.466...!
sadeghm9 Fxprotrader
@Fxprotrader, so that was a close one ... very good ... good luck
Fxprotrader sadeghm9
@sadeghm9, To the pip..! Thank you :)
Did u take this trade. If so did u get stopped. Nice analysis.
Fxprotrader chimpsky
@chimpsky, As you may see clicking the play button price almost reached the sl to the pip and reversed for a winner. Sometimes we need luck when trading the markets. But sometimes we get stopped out to the pip only to see price then reversing and reaching our initial tp :)
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