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taksistalo
Jan 17, 2017 3:38 PM

Long and Short? 

U.S. Dollar/Japanese YenFXCM

Description

We have channel plus maybe fibs, believe Mr.Price would like to hit .382 after small pull back

Trade active

Stops @ 112.50

Trade active



Looks like the bounce took place, lets hope Mr.Price plans to go up

Comment

Nice brake out and bounce about to confirm big move

Trade closed: target reached

Nice profits, now will be looking for sell trade
Comments
mrbro1979
well done good trade i looking for sell as well if the price touch 115.500 again i will sell Stop @117 take profit 113. what do you think?
taksistalo
@mrbro1979, Thanks...well I had small stop loss trade on the big bounce but now just watching the price.
taksistalo
@mrbro1979, Big time frames accept daily are showing for retrenchment so considering going long now more. Not sure but the price respects the graph, just has different plans I guess =)
mrbro1979
@taksistalo, I think today we will see small up trend probably until 115.500 area , we have Trump ceremony , that could create a beautiful Double top in that area and after short for ever.
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