FeroxWealth
Short

EURJPY Institutional Short Scalp Setup

FX:EURJPY   Euro / Japanischer Yen
Looking at our most recent short-term technical outlook we are not expecting to see too much further upside just yet:

With that being said we can expect to see the 123.2 resistance figure hold at least on an intraday basis.

A run up into the red zone may be an optimal place for a short scalp.

Risk 30-40 pips and look to get whatever you can on the profit side.

Enjoy!
Are you shorting now ? what should we look for Target, Thanks
+2 Antworten
FeroxWealth deekayusa
@deekayusa, Use 30-40 pip stop loss, look to get whatever you can on the profit side... If it wants to really sell off and you can get 50-75-100 pips great! If the momentum isn't there and you can only get a few pips then take it... or risk taking a loss. Trade management is key to a successful trader.
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