Thursday, January 24, 2013

EUR / JPY 24.01.2013 11:05hrs

EUR / JPY:

EJ is in an up trend

Chart below:



Price has pulled back over recent days allowing an entry with good risk reward.

Price has today broken up through the averages and I have 2 orders as detailed below.

Levels and Chart below:

1st Entry: 118.60
2nd Entry:118.50

Averaged entry: 118.55

Stop Loss: 118.25

Target: 120.05

 
I will update again if and when the trade is triggered.
 
Regards
 
 

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