Kevin_Lomax
Short

EUR/JPY Patiently Waiting to Re-Enter Short

FX:EURJPY   Euro Fx/Japanese Yen
49 0 3
Explanation on chart
Comments/feed back welcomed
Trade active
Trade active: Running multiple positions across multiple Yen pairs. I am holding on to my Yen longs, as I have been for months and will continue to hold until a valid reversal signal is generated.
Trade active: Increased my position across USD/JPY and GBP/JPY as well
Comment: Original idea to short this was posted when price was above 130. Had you simply traded one position you would be up over 900 pips. Had you followed proper position management and opened multiple positions (as we practice and teach) you would be running thousands of pips. Combined with the fact when we shorted this pair we shorted many other Yen pairs (and added new positions at appropriate times) and you are looking at TENS OF THOUSANDS OF PIPS
Tell me again about that 60 minute time frame
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