Long again: EURJPY and USDJPY

15.38 gmt

I got shaken out of my trades by the spike down, but the yen trades are essentially sound long trades. USDJPY has hardly dipped after testing 93.50 and I think we should see a move up again. The system is still long so that is a point in favour of going long.

Long $330/pip EURJPY at 124.83

Long USDJPY at 93.33.

Exit will be as per system signals, which automatically trails up with each candle.

I am not entering the EURUSD trade as that pair seems very tightly range-bound. There is more event risk in that pair due to the Euro FinMin meetings this week. Instead I have increased the size of the yen trades.


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