Short EUR/JPY

Tons of capital flowing out of commodities and precious metals and into stocks. EUR/USD continues to sell off and the Yens are all soaring. This is reversal Tuesday. :)
 
It is 12:30PM. Just started shorting EUR/JPY for today. 1/2 position in area of 158.90. I have to micro-enter here for the rest of position.

Addition: another 1/4 in at around 158.85
 
Quote from riskfreetrading:

It is 12:30PM. Just started shorting EUR/JPY for today. 1/2 position in area of 158.90. I have to micro-enter here for the rest of position.

Yes I am waiting to short the first rally, as I believe this is the high of the day for equities.

Good entry.
 
Quote from Bigpipn:

Yes I am waiting to short the first rally, as I believe this is the high of the day for equities.

Good entry.

Be careful if there is a rally. It can still go to the area of 159.25.
 
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