Trade Review: EUR/JPY

We had a profitable trade today as EUR/JPY bounced back up as soon as it hit our entry point at 145.70. In just a couple of hours we saw it hit pt1 for +20 pips, while we had to wait until 5 pm EST to close lot 2 for +52 pips. Congrats to those went with this one.

Lot 1: +20 pips

Lot 2: +52 pips

Total: +72 pips

On a side note, my short idea on NZD/USD did break to the downside below the psychological level of 0.6000. We should definitely see a continued drop in this pair, so keep watching it and maybe you’ll be able to jump in at a great price.