TomProTrader

EURJPY UPDATE:WAVE SHORT TO TAKE ADVANTAGE OF TO THE LOWS #FOREX

FX:EURJPY   Euro / Japanese Yen
173 1 6
Traders,

Update on this trade, well in the money, and I recommend the hold. For everyone that follows me, we've had a great 2 months and made bags of cash. Let's hope this carries on next year.

Small wave short at the peaks of the trend. We once resisted off the 200 moving average , now we went below, retested the 50 moving average and failed, this is a good opportunity to trade short off a level we can see is very reliable.

Best of luck,
Tom

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