ARFXC
Long

Long On EUR/JPY BUY BUY BUY !!!

FX:EURJPY   Euro Fx/Japanese Yen
9 months ago
For analysis go to my other setup
CHF/JPY             which is basically the exact same setup as they both correlate and
And both have the same reasoning behind them

Altho on this Pair we are bouncing of Strong key Level of 125.00 which is a even stronger confluence

my entry 125.45

Remember this trade is Risky simply because its counter trend
9 months ago
Trade closed: stop reached: Unlucky with this one

Related Ideas

SergioSantos40
9 months ago
Hi still buying?
Reply
tntsunrise TOP
9 months ago
Counter trend is not risky, it just matter whether you have a plan.
Reply
ARFXC tntsunrise
9 months ago
Altho i disagree
everyone has their own view
Reply
tntsunrise TOP ARFXC
9 months ago
obviously this trade is stopped out, what i am sayting is for thoese who follow your trade plan, It's ok to take this trade and it's ok to be stopped, that is part of the plan, but no need to be afraid to take this trade just because it is counter trend.
Counter Trend Strategy has the greatest risk reward ratio. This time it failed, but next time it will make you win and the reward is doulbe or tripple.
If you want a safe trade, then just totally dun use any counter trend method, because every counter trend trade in your opinion is considered as risky.

Reply
ARFXC tntsunrise
9 months ago
Oh yes indeed i agree with that great View :)
Reply
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