EURjpyFX

The EURusd is on the negative.Cool, because it didn't it pick   our buy stop. This Morning the Forex Mechanics are trading short on EURjpy we will sell stop at 132.645 and take profit at 132.067. That is about 50 pips but remember we are picking 20 pips. The reason we pick 20 pips initially is because of of the ATR for the day. If the market has moved enough for the day , then it will be risky going for big pips especially if you are a day trader.