Archive for the ‘Eur Jpy’ Category

Testing the red fork and attack on the green Schiff.
Gotta be quick and grab the goodies.

Heres our 100+ pips trade for the day.

Very simple short trade taken off the upper fork line.

30m chart. Trade based on Evening Star (derivative) at area of previous support (change of polarity) and fork line. (Bearish Engulf on the 1 hr could have given a similar trade).

regards – arco

Edit. I have closed this trade off for 120 pips. Very spiky at the moment.