Technician

EURJPY: Shorting at trend line

Short
FX:EURJPY   Euro / Japanese Yen
Update: stopped out, a third loser the longest losing streak in months. loss:37x2=-74
Accumulated profit(pips)= + 2298

Trade 85** Looking for a move lower as EURJPY failed to rally despite the strong rally in EURUSD. A very tight stop for this trade.

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Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losses is a main part of the game ;)
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