Posted by: joetradingplace | February 25, 2013

Short Eurjpy, gbpjpy

Final targets reached on short eurjpy and gbpjpy at 420 pips and 600 pips respectively…never expected the market to move that quick.

Eurjpy

eurjpy 25-02 final

Gbpjpy

gbpjpy 25-02

 

 

Todays Total = 1230 pips

 

Weeks total = 1230 pips

 

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Responses

  1. what conditions had to be satisfied for you to enter those 2 positions.

    • Looked at a couple of things, like failed breakout ( bull trap),retest of broken trend line on 240 minute chart…watching price failing to keep moving higher, distribution phase.


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