EURJPY Short Daily chart | MA cross confirmed by divergence & %R
EURJPY Short Daily chart | MA cross confirmed by divergence & %R
2014-01-30| 14:30 GMT.
ENTRY: Enter short with quarter size lot as price and blue MAs break through reds.
SCALE IN: Double position size for each of FT(60) crossing zero or %R(200) crossing red midline.
SL: Stop Loss above last swing high.
TP: Target based on fibs and/or reversal of entry indicators and/or FT(60) diverging with price.
Initial target c.132
Stretch target c.122
2014-01-30| 14:30 GMT.
ENTRY: Enter short with quarter size lot as price and blue MAs break through reds.
SCALE IN: Double position size for each of FT(60) crossing zero or %R(200) crossing red midline.
SL: Stop Loss above last swing high.
TP: Target based on fibs and/or reversal of entry indicators and/or FT(60) diverging with price.
Initial target c.132
Stretch target c.122