michael6malone
Long

I am going long to 101.41 with a stop at 100.50.

FX:USDJPY   U.S. Dollar/Japanese Yen
63 1 2
2016Sep21 I am going long to 101.41 with a stop at 100.50.

Pairs generally retrace to the 38.20 fib level after a strong move. Having said that, I will be careful to move my stop up for the US rate decision could send the pair down again.

The RSI is low.
Comment: I have already zero'd out my stop.

I was ahead by more than 10 pips and I am unsure how the pair will be affected by the EIA numbers.
Comment: I have been stopped out, but I have entered another long position with the same stop and target.

In hindsight I should have simply waited until the EIA numbers had been released.
Comment: Again I have already zero'd out my stop.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out