
As of this writing during the London open the Eur/JPY has moved little but I'm still opotmistic about a long at this price I'm just wondering if I should take one at this price. Will it move lower? Will it move higher? Hmmm
Since I'm in two sunken JPY Long trades I'm going to wait till morning and see if this pair moves somewhere. Although I'm very tempted to take a Long at this price of 117.64 I'll be patient and call it a day for now - Likely when I wake up this pair will have risen and my gut feeling will be proven right with the added wisdom of how stupid I was not to take the long right NOW! But I'll wait.
If you feel it's a good price go ahead and buy it! Use a good size stop like at least 100 pips or more.
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