Hopefully some of you spotted some of the reasons to be shorting EURJPY last week. On June the 21st we had a high test bar rejecting the 101.00 level, and an old level of support as resistance. We also had a head and shoulders formation on the hourly and a Fibonacci cluster (0.382 retracement from start of move down and a 0.50 Fibonacci retracement from previous swing high). Enough reasons really.
Regardless of the outcome, I'm in France at the moment enjoying the prospect of my money working for me. I have EURJPY running at a 2% gain (4% more to go until target is hit) and my ebooks making me income. What is more, I have an
ebook telling other people exactly what they should do to do the same...What better? Another term for David Cameron?!
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