Yen pip, mid-width stop, 4.25 lots
Pip value ≈ $6.70. A 35-pip stop is $234.50 per lot. $1,000 / $234.50 ≈ 4.26, rounded to 4.25. A 50-pip stop is 2.99 lots at 1%. A 15-pip scalp stop would allow 9.95 lots, which a 0.5 to 1.3 pip spread and a Tokyo wick will punish.
Typical daily ATR is 100 to 165 pips. Intraday stops belong at 30 to 50 pips. Swing stops at 75 to 130 pips drop 1% size to 1.99 to 1.15 lots. If GBPJPY is already the cleaner chart that day, skip EURJPY rather than forcing 4.25 lots on a messy tape.
Two central banks are why 2.12 lots is the default
A 5% floor is $5,000. 4.25 lots need 176 pips to end the day, inside a large EURJPY week plus slip. ECB or BoJ can travel 70 to 120 pips. 4.25 × 80 × 6.70 ≈ $2,278. 2.12 lots at 35 pips is $500 clean, about $1,136 on that same 80-pip policy bar.
If you start free on Venasri, flatten into ECB and BoJ. Set Venasri Equity Guard to close EURJPY near 3.0% so a European PMI plus a yen spike cannot stack the rest of the floor.
USDJPY and GBPJPY already own the yen half
If USDJPY uses 2.47 lots, EURJPY is not a free 2.12 lots on the same BoJ view. If the Dragon is open, you already own sterling-plus-yen risk. Pick the cleaner cross.
Correlation Guard should cap the yen-cross basket. 162.00, 162.50, and 163.00 are where those stacked tickets find the same stop when Frankfurt PMI and Tokyo yields hit the same hour.
Size from 162.50 in Tokyo or Europe, not from a Dragon habit
Measure the stop beyond the 00 or 50 yen handle plus 1.5× ATR. If that is 42 pips, 0.50% is 500 / (42 × 6.70) ≈ 1.78 lots. Do not cut to 20 pips to keep 4.25 lots through ECB.
Confirm 00:00 to 03:30 or 07:00 to 11:00 UTC, spread under 1.3 pips, and no stacked Dragon on the AI Pre-Trade Checklist. EURJPY lots sit between USDJPY and GBPJPY on purpose. That middle is the product.
