tntsunrise
Long

EURJPY LONG POSITION ENTERED

FX:EURJPY   Euro Fx/Japanese Yen
143 14 14
LONG! NOTHING MUCH TO SAY. VERY CONFIDENT

BIG TIME FRAME BAT COMPLETE

SMALL TIME FRAME BAT + CYPHER COMPLETE


stop loss below 136.22
AIM FOR 0.382 AND 0.618 RETRACE
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looks good, what retrace ,618 comes where? 13696? tia it's only 50 pips
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50 pips is not my target. this kind of lower time frame provide me a great entry point for my BIG BAT on the weekly chart. perhaps 400+plus
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fxtomi fxtomi
13696 took TP1 for 50+it's good )), will add back to long on tiny corrections
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also can. but i won't do this. I will hold my position in this trend.
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fxtomi tntsunrise
cheers tntsunrise, I like to take the 50+ and add 15-20pips lower to build. It's good when if the market decides otherwise, then stop will cost me nothing or even +30 on this method, anyway good call, finally eurjpy showed some strength, will see what will follow ))
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your good mate, thank you so much, whats the take profit you think?
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no problem. just hold your position, untill u see the DAILY CHART RSI REACH 80. i think 140 or 142?
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fxtomi tntsunrise
ok, thanks ))
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see my new idea. eurjpy has a cypher complete at 141.00
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respect.
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you are welcome
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Will you move your stop loss to breakeven? If so, which level will trigger that move?
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Yes I will. coz the small time cypher and bat reversed fully (which means exceed the A point)
I will just move stop loss to 20 pips wining in this case. and now it is risk-free trade
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still going stong, thank you once more.
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