Predictindex
Short

Next Week UJ Price Prediction (Might Apply to All JPY Pairs)

FX:USDJPY   U.S. Dollar/Japanese Yen
403 12 10
Yen has reserved to Bullish (Go read some news if you don't know why)

RIP JPY Pairs,Just Sell High
Trade active: SL Set Above 106.712

Position Hited
Comment: Starting with a good Monday,
55 pips so far
Comment: ummm...100 pips+
Bearish Continues ...

watch 105 level
Comment: Target 1 hit with 200 pips

Real pullback will happen when price stays above 104.8(possible long,but not recommend) , then will retest 105.8 (near).
Trade active: Pullback at 104.7 to 105.5
Comment:
snapshot
Comment:
snapshot



Be extra careful with the risk if you against the trend.
Trade active: close my long trade.bearish continues
Trade closed manually: News effects, chart not working anymore. Close all the short trades .
Comment: Fundamental :
BOJ meeting = dont trade JPY pairs
Abe speech = Bearish Yen

Technical :
Only the price stays below
105.462 ,then you can open your short. Otherwise, wait after the BOJ meeting
Trade active: limit short order trade triggered (small position)
as it drops below 105.462
SL, 20 pips above.
Predictindex prince125700
same plan as posted chart above .
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prince125700 Predictindex
means 103
Reply
Predictindex prince125700
yes, possible tp point will be 103.xx (or might just retest target 1 level) ,but just be careful this week with jpy pairs
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Good Idea but I'm waiting for London Open to see if it creeps any higher. Watch for a double top
Reply
I don't think it would go higher at this point. But good luck .
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Ranothil Predictindex
Yea if it doesn't I'll take the structure breakout trade. Either way good day for us :)
Reply
But the risk ration would be higher .Anyway, follow your plan .
Reply
Ranothil Predictindex
Check AJ its an interesting view. Its still 120 pips from the swing high.
Reply
AJ can sell at this point as well....
Reply
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