FOREXEL
Long

Open your horizon for good trades

FX_IDC:NOKJPY   NORWEGIAN KRONE / YEN
22 0 1
When markets are uncertain and major pairs and ordinary crosses are hard to trade due to whatever cloud that hangs over them - it is time to look elsewhere for trades for a while.

This is one example. NOKJPY             has spiked down to make a multi-year-low, but the structure you see on the chart is fighting back. If you trade based upon trend lines you see that there is still a downside risk.but the upside potential is huge as well.

trade this one based upon the monthly open as I do. If you dont know how to then just pm me and I will tell you how to.
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