FX:EURJPY
EURJPY is my favorite pair. It pair draws beauty structures that only the trained eye can see.
Price is broken a dynamic rank strongly.
I propose two posibles stages. I am inclined by short position but keep your mind flexible. Just read the momentum of the market.
Jesse Livermore Old style trading, no indicators required.
FX:EURJPY
DYNAMIC RANK
We can see a beautiful dynamic rank. It can be broken to down offering a short position with 3:1 ratio and low risk.
If it's not broken we can put a long position in the below line of the rank searching for the last real maximum.
FX:USDJPY
Now with the dynamic rank broke I want to see a slow, I repeat a slow and weak pullback to my inferior line of dynamic rank.
If I don't see that I don't trade..
