RlcTrading

Eur/Jpy (Buy Idea)

Long
OANDA:EURJPY   Euro / Japanese Yen
So we have nearly the same situation as Eur/Usd but Eur/Jpy is more clear.

1. Your looking for a buy almost immediately
2. When The Candles touch the 20 Sma , I will take profit on 1 small position, and leave the second small position with my stop loss moved and try to hold it.
3. If I see price rejecting around the 20 Sma on hour 4... and I see 1 red heiken ashi candle , I will close the second buy!

I will enter when I see a 1 hour green heiken ashi candle or 2
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