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HumanPiranha
Dec 29, 2016 2:49 AM

Short term long on UJ.  Long

U.S. Dollar/Japanese YenFXCM

Description

Fundamentals for USD, i.e. hawkish fed leading to strong 10y is expected to continue, althought this is a very short-term trade into the night.
Got in at 116.705

Warning. Watch out for the MA and fib levels and it could retest bottom of the channel also.
I have a moving SL, and don't mind getting out earlier - you shouldn't either.

Trade within your limits and don't be a hero.
Good luck and green pips

Comment

RSI and MACD also reversing

Trade closed: stop reached

Stopped reached :( GET OUT!
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