TerryHarmonicTrading

EURJPY - Bat pattern at ED channel top to sell!

FX:EURJPY   Euro / Japanese Yen
Hey guys, we have a great setup coming on EURJPY             .

Bat pattern to short at high of channel top.

EP: 115.60 - 65
SL: 116.50 (90)
TP: 112.90 (270)

Will be monitoring RSI divergence candlestick reversal patterns for signals before entry.

Harmonic trading success rate becomes much higher when you combine it with a simple ED channel.
Trade active: Went in at 115.65.

Stop loss is at 116.50.

Good luck all, be prepared to win as well lose, always keep your risk management in check.
Comment: Moved about 40 pips in my favor.

Will be holding this trade till next week.
Comment: Trade is running at +100 pips. Holding it on to 112.90. Anybody joined me on this?
Comment: Just shifted my stop loss to 115.65 to ensure a risk free trade now.
Comment: Time to update our stop loss to 115.20.

Locking in 40 pips of profits.

Targets still at 112.90.
Trade closed manually: Decide to take profits at 114.50.

+115 pips.
http://www.harmonicforex.com/wma/week41

Good weekend traders.

Check out my gameplan for next week!
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TerryHarmonicTrading PRO TerryHarmonicTrading
Waiting to reshort at a much better price if it comes back up.
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Should have kept it mate. Jp morgan just went short and going to 1.11. Anyway great work as always mate. Appreciate the idea and updates
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Thanks man, I just wanted to bank some profits this week. Probably will go short on it again once it bounces up above 115.
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asifrazzaq TerryHarmonicTrading
Or break if 114 on downside will open it up to 111
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EUR still weak, should have kept small position ?
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Maybe reshort when it bounces up again. Very strong range on both EURJPY and AUDJPY. Bank in some profits first.
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EYEO TerryHarmonicTrading
noted. Shall monitor on RSI and price action
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I am in this too, we must be careful for 114.117 area , however I hope to drop till the target.
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