EUR/JPY 135.65 Live Trade Video

Posted by Nick 30 Comments

Hey Guys,

I have started trading EUR/JPY recently. I am not doing analysis for it since I am only testing at the moment but so far its going well.

This was a pretty good trade I got a late entry so I ended up making 22 pips which is 8 pips shy of the 30 pip target. Either way it was a profitable trade. Check it out:

If you like this post leave a comment please.

Podcast: Play in new window | Download

Tags: forex videos, live trade video

Cirion

Nice trade man!! Keep up the good work
Me2995

Thanks for posting Nick, actually seeing you doing it, helps a lot!
NeilA

Good one again, helps crystalise, “how to trade” thanks Nick
Sonya

Really interesting to watch. Thanks Nick.
CoolJ

Nice trade and thanks for sharing.

I was wondering why you dont set a fixed take profit and avoid potential slippage. I understand the logic for the stops.

Cheers.
Wayne

Good one Nick
Rodney

Thanks very much Nick.
Matt

Thanks for the video – always nice to see the action.

I like this pair due to the lower spread for some smaller target scalping I do.

Matt
Dylan

I was in the chatroom when Nick announced this trade in case anyone wonders about the ‘veracity’ of the trade. This one is al fresco on the hoof, flopping on the deck fresh. It helps to see a pro take his profits. Always enjoy your videos Nick.

Live long and prosper
Jac

Why do you choose the TP/SL = 30? Thought it was 50……thanks

NickB

@Jac:

This is a EUR/JPY trade not GBP/JPY so the targets are different since it is a slower moving pair.

http://candelabrafx.blogspot.com Zac

Nick,

Two questions:

Are you using the same scalp line parameters (adjusted for ADR of course) we all know from the NickB method ?

Do you use a rough %-of-account to size your stop according to pips risked?

The videos rock! Thanks so much.

NickB

@Zac:

Yes I am using the same type of scalp lines.

I risk roughly 5% of my account per trade.

Ran

Nick,

I trade EJ for some time actualy from the time I traded GJ and my take profit on this pair with high rate of success is 40 pips.

Ran
Damien

just brilliant to see
Thanks
Nick
Carefree

Nice trade Nick! Watching the videos helps! Thanks for sharing them!
Randi

Thanks!
I liked the video.
Flagstick

Thanks for sharing this trade with us Nick!
pinetree

ej doesn’t move as much as gj and is much slower.
monster

Nick,

wondering if you still trade GBP/USD, and if so, why would you keep your cable tgt for 50 pips….doesn’t E/J move quicker than Cable?
http://candelabrafx.blogspot.com Zac

Thanks Nick!!!

Much appreciated. I don’t feel so bad with my higher % now… I’m operating under the logic that my account’s not huge, so 5% isn’t either. When I’m trading M’s it’ll be a different story
Will

Thanks Nick, great to see you in action again.
Cheers
Cheryl

Will be interested to hear of your progress with ej. I was watching and trading it until I came to your site, then finally let it drop!
Thanks for sharing Nick.
Roberto

Just GREAT !!!………Thank you very much…..
Mark

WOW! Thanks Nick
Criton

Nick. No other trader actully has the stones to back up their claims by posting live videos. You’re the man!
DirtyStopOut

Thanks for sharing & teaching Nick,
DSO
steve Gallagher

Have just started in 4x and was introduced to your website by a friend with all the good information you and others have give if hope to be able to start trading for real soon thank you for all the lessons and information these videos are great tools for me
fxann

thanks for sharing….you are always the best
jason

did any1 take the 157.70 scalp line?