EUR/JPY & GBP/JPY: Longs were stopped out with locked profits.

EUR/JPY & GBP/JPY Longs were stopped out along with the USD/JPY long I had open. Fortunately these two longs unlike the USD one were at least profitable by locking in respectable stops above my entry line. First look at the EUR/JPY Chart








The GBP/JPY Long Trade suffered the same fate on the spike lower. Since I locked in a positive stop there was no loss incurred I'll now look for another long entry and hopefully near the lowest low. If it does not reach that low I will look to enter near 134 -135 and I'll use a stop of 200 or so pips

These two Yen Pairs really can knock out stops fast so one must be very careful when trading them. Do not ever chase these pairs for trades. Wait for them to reveal trades to you. Be PATIENT!