Even though the EURJPY is trading in a short term range, it is still in a bullish market condition:
EURJPY
A lot of traders make the mistake of trading both sides if this range, even when the EURJPY is ranging in the short term range, it already got rejected from an important LT support level, triggering a bullish market condition.
So even when it is ranging in the ST charts, I’m only looking for long opportunities in the EURJPY.
Trade Safe!
Raul Lopez
http://www.straightforex.com/