eurjpy 1h short trade: Short

Euro Fx/Japanese YenFXCM

Description

⋅ May 12, 2016 6:00 AM

eurjpy 1h short trade:
Price has tested the Resistance Level twice
and a pin bar formed.

Its good to short eurjpy here
SL: Above 124.50
TP: 123.62/ 123.00

Comment

⋅ May 12, 2016 7:07 AM

Reversed nicely.

Comment

⋅ May 12, 2016 10:22 AM

Trade closed: target reached

⋅ May 12, 2016 10:23 AM

Comments

the5erstrading

⋅ May 13, 2016 6:24 AM

Well played!!

christom

⋅ May 12, 2016 2:23 PM

I could also notice a BAT

ernstschwarz

⋅ May 12, 2016 11:30 AM

tntsunrise, "Trade closed: target reached." you mean. "trade closed. sl reached" ?

Psalms119

⋅ May 12, 2016 10:40 AM

Hi Jack

Target not reached, is the trade closed.

combe

⋅ May 12, 2016 10:41 AM

SL: Above 124.50
TP: 123.62/ 123.00

Something is wrong here? SL reached not target :-(

ernstschwarz

⋅ May 12, 2016 11:29 AM

i feel the same. ok having the SL level of 124.60 plus some 10 pips extra for "breathing" but my sl got hit, at 124.60 and i have no clue what TP level could be hit and at what point there way apossibility to put some breakeven...

harilaos

⋅ May 12, 2016 10:32 AM

but failed previously, is this prudent?

tntsunrise

⋅ May 12, 2016 10:34 AM

price did go down to 50% Fib Retrace: 124.05,

harilaos

⋅ May 12, 2016 10:42 AM

eur shorted against the dollar, looks like wrong timing.