EURJPY short entry

٧ ديسمبر ٢٠١٥

EUR has recovered a lot thanks Draghi's comments last week. However the big picture hasn't changed at all. I was looking to a pair to short the EUR with an adequate stop loss. EURJPY offers an excellent opportunity, as the price jumped back temporarily to the previous breakdown level, posted a doji candle just below the 200 days EMA. When to try a short, if not now? I only risk 1-2% of my capital on any trade. For this one, I will go for 2% risk.