TAS
Long

USDJPY BOJ inverviening?

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
127 2 7
JPY is too strong and Bank Of Japan May devalue Yen.
Trade active: Entered at 110.25. Will put break even before it hits the black like in case continues on the way down. However, as BOJ comunicated, it will be actively devalueing Yen so it might be a good long trade.
Comment: New Support at 110.200 will put break even in the next hour as this new support is close to our entry point. Break even before sleep :)
Comment: As planned i have a break even on this pair, plus interest. A short stop, but I don't want to be asleep on this move.
Trade closed: stop reached: As expected stop reached at a small profit
not bad explain.. good luck
Reply
TAS Fatary
Thanks. Break even before bedtime, this was my first objective. :)
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