Here is a nice short we took on the EUR/JPY. Once again very similar to yesterday’s forex trade setup, in that all the pairs were correlating together. Notice the EUR/JPY goes up to the last intra-day resistance level, then closes as a reversal candle formation. After the reversal candle closed we went short.
We additionally took the same setup but on the GBP/USD for another nice short trade. Over all had a good London session and a good +55 pip day overall. If you would like to see what day trading forex
live is all about, then feel free to take your 10 day trial to our live forex room.
Please click the image to the left to view a larger image.
