{lang: 'en-US'} EUR/JPY H1 Update + Trading Plan Idea ~ ElliottFxTrader Blog

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Friday, 30 November 2012

EUR/JPY H1 Update + Trading Plan Idea

Rationale:
My Buy Limit order has never been filled desplite the fact that I have been expecting depper correction into weekly pivot.
Right now this long order from a top is a HEDGE TRADE against EUR/USD that I short. If something goes wrong and EUR/USD will pop higher the at leat this trade on EUR/JPY will cover partial losses and I'm eager to buy more if this is really wave 3 now.

Entry: Buy Market @ 107.57 (unfortunetly on top, oh well...)
SL: Below  Orange rectangle.
TP:?

Take care,
Seb


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