russelldaily
Short

Bat filled, but too quickly?

FX:EURJPY   Euro Fx/Japanese Yen
43 0 0
As you know, I don't make hard entries when pattern trading. Plus, this pair and the Gbp/Jpy             put lots of pips on the board in one day. I'll wait for a reversal signal and even look to a Alternate Bat fill at the 1.13. I'm not going to put up the chart but the Gbp/Jpy             did amost the same thing to fill its Bat Pattern . Are the Eur/Jpy             and Gbp/Jpy             just catching their breath for further strength or will the sellers take over. The Yen monetary policy is the Mud in this Puddle. Be careful out there.
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