Trade Review: EUR/JPY

After the impulse wave pattern, we saw the corrective waves and a move sharply lower. It was helped by comments from the Bank of Japan Governor Fukui. Fukui stated that “monetary policy decisions should be made early and changes should be made in small increments.” And the market went Yen long on this statement. This caused our trade to trigger and reach maximum profit within a couple of hours! Hope everyone caught some pips!

Lot 1: +20 pips

Lot 2: +46 pips

Total: +66 pips