How I trade the EUR/JPY

A friend of mine asked me how I trade the EUR/JPY.

Well here is how I trade this pair.

I would be happy if anybody and create an EA based on this and share it for Free (^_^).

1. In EUR/JPY pair I will select a plain chart on H1 time frame. I will mark high & low of Asian session before the London open.

2. I will draw a rectangle (and remove other lines drawn previously) to make things look a bit less messy.

3. I will change to M15 chart, I have an indicator called rooicol grid to draw line at every 10 pips distance (Google it you will get it for free or send an email to me via contact form I will send it to you) - I know it is easy to draw lines but this indicator makes things a bit quicker!!!

4. I will place buy stop orders (3 orders at 10 pips apart) above the high starting from the nearest round number. I will also use an indicator called Hull Moving Average 2.0 to know the trend (always trade with the trend) - Google it you will get it for free or contact me I will email it for you.

5. The stop loss will be 30 pips / lower level of the rectangle. 

6. Take profit will be 30 pips from the first order (i.e., 30+20+10 = 60 pips)

Good Luck.