Wednesday, 4 April 2012

The Yens are on Fire

Today I saw EUR/JPY and GBP/JPY on the hourly and they looked absolutely smashing. Check the lower time frames and found EUR/JPY perfectly set on M5 with an entry timed with break of H1 AIMS Levels. Resulted in a cool 1:2 Risk Reward on both pairs. Pictures below

(though now it seems that I should have left them running on the hourly) 

When is it too late or too early to buy a pullback? 

In order to answer this question first ….  Let’s quickly do some repetition. Let’s quickly do some repetition.  Let’s throw in some trading ...