Socratesinc

EURJPY - Buy

Long
Socratesinc Updated   
FX:EURJPY   Euro / Japanese Yen
Oct 7th @2pm EST we saw price still trading above EMA lines even after massive selling pressure. Set up FIB and saw a potential good entry for another buy at 124.350 which is touched perfectly. We entered in one position for a buy @124.448
Trade active:
Oct 9th @9:30 am EST we are in profit 52 pips from the above entry. placed another entry hours later as we saw a slight retracement. expect more buying long term.
Trade closed manually:
Closed with a loss, price completely reversed due to the weakness of the EUR today and the strength of the JPY.
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