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tntsunrise
Aug 16, 2017 7:20 AM

SHORT EURJPY Based on 3 reasons: Short

Euro Fx/Japanese YenFXCM

Description

SHORT EURJPY Based on 3 reasons:
1. 0.618 pull back
2. 1.272 ext of the AB leg
3. Structure pull back

SL : 130.50
TP1: 129.33
TP2" 128.50

Trade active

Short at 130.30

Comment


perfect
from 130.30 to 129.60, immediately win 70 pips

Comment

TP1 HIT win 120 pips

Comment

Price hit 128.00
win 230 pips
Enjoy the profit.
You can consider to take some profit and hold your remaining position

Comment

Comment


if the support trend line was broken, continue to hold your short
Comments
Leadership
When hit TP1. We should wait pullback for a short to hit TP2, it is right Mr Jack ?
tntsunrise
@Leadership, yes you can wait for that
smart_teast
Master,

Still valid for second wave?
pubokiazm
Cheers. It's starting. Hope it goes to plan. Tp3 127.00 hehe.
hungbui
@pubokiaz, yeah entered at 130.42 so Sl was very small this time. Lets see if it can reach TP1 first ^^
idann0760
Thanks, Mr Jack! thanks!
glenliviton
Projack your analysis are good big up to you
KawinS
That's very nice. Thx so much.
What's your opinion about Long in this position? @tntsunrise
LuckyLaki
xie xie!!
marcopolo1234
Fantastic charting. Thanks, I am a new trader and certainly plan to follow you. Learning a lot. Thank you again for sharing your knowledge.
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