Friday, February 07, 2014

EUR / JPY Update: Friday 7th February 2014. 18:21hrs

EUR / JPY:

EJ has as expected pulled back and pick up my first order.

I am long from 138.25.

Price has moved back above the swing high I used to draw the Fibonacci Retracement yesterday at 138.80. This has allowed me to move my stop loss to break even and eliminate the risk on the position.

Chart below.

 
I will hold the position over the weekend and update again on Monday.
 
Have a great weekend
 
Best Regards
 
MDT
 

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