Hi Spec
I am also short on EURJPY but due to a setup on the H4.
I can see no reason to go short if you are trading the Day Chart.
There is a clear stop loss in this trade at 132.97 which I have set.
I would call this a TEST Trade to see if the current Bearish H4 pattern continues.
It could become a good Day Sell tomorrow.
My Risk to Equity is only 0.5% because I plan to add 5 trades when position becomes profitable to form a basket with total risk of 3%.
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- Forex Trading 2018- TA/FA- Setups and discussion
Hi Spec I am also short on EURJPY but due to a setup on the H4....
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