Fib Matrix Forex Strategies | 2016-07-14 EURJPY +16

EURJPY +16 2016-07-14 | 5 min Reversal Trade

This was a 5 min reversal trade on EURJPY. Both the EURJPY and the USDJPY are showing the reversal; pattern with price on both pairs being at the reversal entry (the point of the V if you draw a line through the 1 min boxes to the bottom 5 min boxes back to the 15 min boxes).Two moderators take positions, although they enter at different times, with the first trade making +7 and the second trade making +7 on the first half with +12 on the balance.

For more details about using forex price action to scalp using the Fib Matrix TimeLanes trading software, here

Previous recording Fib Matrix Forex Strategies| 2016-07-13 GBPUSD +8

Fib Matrix Forex Strategies | 2016-07-14 EURJPY +16 was originally published on 24HR Forex Trade Room

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s