This is my Analysis for USDJPY. Based on the charts I can see that the pair has been This is my analysis on USDJPY. Based on the charts I can see that the pair has been verifying the area in the blue box as an area of support. RSI and Stochastics are pointing down, which is good so that we can verify the area of support so that it can make its move to the upside. Please Read my Disclaimer from previous trades I have been only trading for a few months so PLEASE dont take this trade on a live account. Take it on a demo account if you wish. Thankfully my first signal from yesterday hit take profit and we were able to secure 63 pips. Trading comes with substantial risk so use the proper risk management and the correct lot sizes for your account.
Trade closed manually
⋅
Trade is currently up 29 pips. Move stop loss up to entry and solidify partial profits by closing half of your positions, on this trade idea.
Trade active
⋅
We are still riding out part of the trade to the Take Profit Level.
Trade closed: stop reached
⋅
Hopefully you all took those partial profits and moved your stop losses up. The trade just went negative if you didnt move that stop loss up. But Congratulations to the ones who took partial profits at the 29 pips.