FOREXEL
Short

200 and 100 MA play about to start shortly

FX:EURJPY   Euro Fx/Japanese Yen
167 3 4
Will go short as the Euro             get close to the 200 MA and as it reach the top inner trendline.

Have 2 downside targets and roughly a 100 ( ish             ) Stop loss

The MAs is my main compass for this as well as many other trades. Not that I let those be my main compass but people do tend to head for them..so it works nicely.

Happy trading
Saowalak Tuff
2 years ago
SL 137.8 ?
Reply
FOREXEL Saowalak Tuff
2 years ago
my stop is tighter actually. just above the upper channel trend line and a little over the 200 MA
Reply
FOREXEL
2 years ago
Trade idea solid, getting close to target
Reply
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