Wednesday, 18 May 2011

EUR/JPY Analysis 2011-05-17

EJ long term still in neutral movement. Traders may want to look at mid term strategy. EJ at 4H TF still in bearish but weak. Recent peak still below than previous peak and it tell us EJ still in bearish. However, EJ already making an uptrend when she stay above Kumo at 1H TF.


Trade Idea : Enter long when EJ close above KS at 1H TF. Enter short when EJ close below KS at 4H TF. Don't forget to put SL if not hedging.

Happy trading.

1 comment:

  1. EJ making profit. Target profit already triggered.

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