Short EURJPY @ 123.30; USDJPY @ 90.90

3.15 gmt

Risky as it seems, my system has generated a sell signal in EURJPY & USDJPY, and I’m taking these signals. I’ve learnt the lesson – not to argue with the system rules!

Short $132/pip EURJPY at 123.30. Stop loss is just above recent high at 123.88.

Short $132/pip USDJPY @ 90.90, SL at 91.51

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6 thoughts on “Short EURJPY @ 123.30; USDJPY @ 90.90

  1. HellboyFX

    Hi Zen

    Well – your trade doesnt look that risky..to me anyway..seems risk-off type of scenario might be coming..we know what this means

    Im with you on the short side at 123.44

    Hoping this risk-on carpet is going to be pulled from underneath….

    Hoping for this one to play out

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    1. ZenFXTrader

      When I entered the trade a few hours ago it looked quite against the mainstream thinking. Now it is looking better. Still, it needs to break through 123 decisively to shift sentiment.

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      Reply
  2. HellboyFX

    initial targets im looking at for this trade is 122.90 to confirm break – then onto 121.90 and hopefully 121.25

    my two cents anyways..

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    Reply

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