UndergroundPipSurfer

EURJPY only Buy set ups at the moment. Setting up Daily Demand

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FX:EURJPY   歐元 / 日圓
I will be seeking a buy on EURJPY this week. It has bounced form a important key level and daily demand zone. I will have a tight stop loss on this trade because I'm using the Hourly for entry. However If I get stopped out, I will wait for the penetration of the Demand Zone and then at the open of the next hourly bar, I will re enter. There are circumstances where BFI's (Banking and Financial Institutions) are only seeking liquidity before the move. Therefore the structure will remain the same unless the demand zone is completely breached.

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