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mortdiggiddy

Long setup to 131.00

Long
Euro / Japanese Yen (FX:EURJPY)  
mortdiggiddy Updated   
FX:EURJPY   Euro / Japanese Yen
Pivot Points Chart Patterns
10
6
pivotpoints chartpattern
Year VWAP target. 2.6 Reward:Risk. $GLD $EURUSD $DXY
Comment:
Tariff news was just too much for this trade. Stocks dumped just now on $200 B in tariffs on China (additional) and the yen caught a bid in response (flight to safety in yen and bonds). EURUSD dumped further on the news.
Comment:
I am not concerned here. I like the backtest of the daily ATR trailing stop. Nice 4HR doji on it.
snapshot
Trade closed: target reached:
This trade worked out quite well. Immediate rejection from year VWAP today.
Find the edge.

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