EUR/JPY Long


Long
Entry: 101.30
Stop: 100.00
PT: 102.90
RR ratio: over 1:1
Reason/s:

  1. Technicals: The pair bounced off support at the rising trend line on the daily chart.
  2. Fundamentals: I’m expecting Spain to announce a bailout soon which could provide the euro with support.

I like this idea. I am already long from 100.74 and presently moved SL to BE. My target is 102.54, where I am having a potential 1:3 RR ratio. My trade idea and updates are published in babypips forum http://forums.babypips.com/trade-journals/47465-bijoys-trading-set-ups-3.html#post406763

Best of Luck donnapinciotti

Nice!! It looks like I entered just in time. Good luck to us!

A very good one. I entered at 101.10 with the same SL and TP. I made 220 pips in overall. Thanks for setup.

very well done, great trade!

Awesome set up. What kind of results did you guys have? Sati_pips seems to have hit it big. Any others?