EURJPY weekly update:Total profit 2270 pips in 45 days
Total Profit: 2270 pip Closed trade(s): 766 pip Profit Open trade(s): 1504 pip Profit
Trade Setup: We opened 11 SELL trade(s) @ 134.06 (day close price) based on 'Peak' at 2018.02.07 signaled by our "Daily Trading Opportunity". Closed Profit: TP1 @ 133.25 touched at 2018.02.08 with 82 pip Profit. TP2 @ 131.65 touched at 2018.02.14 with 242 pip Profit. TP3 @ 129.65 touched at 2018.03.02 with 442 pip Profit. 82 + 242 + 442 = 766 pip
Open Profit: Profit for one trade is 134.06(open price) - 132.18(current price) = 188 pip 8 trade(s) still open, therefore total profit for open trade(s) is 188 x 8 = 1504 pip
Midterm forecast: While the level 132.45 is not broken, the Midterm wave will be downtrend. We will close our open trades, if the Midterm level 132.45 is broken.
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