Short EUR/JPY

Half hour before NY open can be risky so it is alway good to cut trades short at about that time or stay out all together.

If you like to get hit this is the best, rush hour trader traffic and volume moving into setup for the opening BELL!

 

9:25AM: sold 1/8 of intended size short EUR/JPY @ 160.47.

 

9:53AM: Took off the above for +19 pips profit.

 

USD/JPY moving down nicely! Got in at 103.79

 

103.59 move stop down

 

Target 103.26 south U/J

 

Move the stop down to 103.36 U/J

 

103.36 exit 43 pips USD/JPY

Maybe a reversal at 10:30

 

160.61 enter with 15 pip stop! E/J

 

It was a BUY on the EUR/JPY, it might be a scalp trade!