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
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.