Evan_Moe_Money

Europe vx. Japan

FX:EURJPY   Euro / Japanese Yen
As we can see, price is moving quite nice.

We want to see the EJ drop into the red area, where we could look to buy, all the way to the top!

One thing I do not like about this trade, however, we need a weak Yen. And as we all know, in times of war, people like to buy the Yen as SaveHaven. This is the one thing that you have to keep in mind with this trade.

So for this one, I will set an alert and if triggered, I will check the strengh of both pairs before entering an trade.

Another way to get a safer trade, would be to look for a hedge ;-)
Comment:
No reentry yet
Comment:
Still no reentry. We migh not get an reentry, and will have to wait, till Price comes back down, after hitting the TP.
Trade active:
We had a reentry on this one! This is what I love about this System! You can easily set your order, and then come back a few days later, and observe your profits grow.

Trading Bücher:
de.tradingview.com/chart/WDI/vosCiEtp/

Free Trading Education:
www.babypips.com/learn/forex

Wem meine Analysen und Gedanken gefallen, der darf mir einen Kaffee kaufen:
www.buymeacoffee.com/EvanMoeMoney
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.