SunRiseZoneFX
Long

USD/JPY Analysis And Update 1Day Chart !!! Judgement Point...?

FX:USDJPY   U.S. Dollar/Japanese Yen
According to dailyforex: Yesterday’s signals were not triggered as none of the key levels were reached...

USD/JPY             Signal Update

Yesterday’s signals were not triggered as none of the key levels were reached

Today’s USD/JPY             Signals

Risk 0.75%

Trades may only be taken from 8am New York time until 5pm Tokyo time.

Short Trade 1

Go short following a bearish price action reversal on the H1 time frame immediately upon the next touch of 110.00.

Put the stop loss 1 pip below the local swing low.

Move the stop loss to break even once the trade is 20 pips in profit.

Take off 50% of the position as profit when the trade is 20 pips in profit and leave the remainder of the position to run.

Long Trades

Go long following a bullish price action reversal on the H1 time frame immediately upon the next touch of 108.43 or 107.57.

Put the stop loss 1 pip below the local swing low.

Move the stop loss to break even once the trade is 20 pips in profit.

Take off 50% of the position as profit when the trade is 20 pips in profit and leave the remainder of the position to run.

I would take a long position for long-term if you going with 4hours chart or below wait for the decision point and then enter
Nice! but on your SHORT-Trade suggestion, I believe you met to place your STOP 1 pip higher from previous swing high
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+1 thanks... ;)
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