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FxSaint
Sep 9, 2013 11:24 AM

EurJpy - Intraday Long / Potential Swing Pattern....Open Tgt Long

Euro Fx/Japanese YenFXCM

Description

With Japan grabbing the rights to host 2020 Olympic, there stock exchange is shot up in morning & it showed Yen weakness.... PA favors to intraday long, with fundies too in favor, swing can be much to once happiness. Its early to think about swing, so lets focus on intraday long here first. Scale in & out of this trade wisely.

Cheers!
Comments
FxSaint
now this came little fast, scaling out few more @ 131.72 = +55 pips.....now I am marking my chart "Closed Profit" & swing position will play on its own!
FxSaint
Scale out few more lots @ 131.55 = +36 pips; next scale out @ 131.72 & remaining will play for swing
FxSaint
Taking few chips out of table @ 131.47 = +28 pips....
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