As we can see the profit at this moment, it's wise to lock some profit.
Trade Idea : No new trade at this moment. Wait for retracement. Take some profit and let the rest ride the wave.
If anyone wants to contribute ideas, you are welcome.
Tuesday, 31 May 2011
EUR/JPY Analysis 2011-05-31
EJ continue it bullish trend as it broke the triangle pattern at daily, 4H and 1H chart. This is a classic way of technical analysis which many traders can simply spot the situation.
As we can see the profit at this moment, it's wise to lock some profit.
Trade Idea : No new trade at this moment. Wait for retracement. Take some profit and let the rest ride the wave.
If anyone wants to contribute ideas, you are welcome.
As we can see the profit at this moment, it's wise to lock some profit.
Trade Idea : No new trade at this moment. Wait for retracement. Take some profit and let the rest ride the wave.
If anyone wants to contribute ideas, you are welcome.
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As I move the stop loss to breakeven, the balance trade touched the breakeven. Need to set new entry base on new condition. Maybe next week.
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