Idea: EURJPY continuation short based on bearish RSI swing failure on the hourly chart.
Cons: The stop has to survive the Monday open. Intense euro buying on Friday may encourage new buyers and whipsaw the short trade.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Cons: The stop has to survive the Monday open. Intense euro buying on Friday may encourage new buyers and whipsaw the short trade.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.