traderWgun

USDJPY - Fractals

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
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The market could be repeating it self. look for the macd to crosover before going long. stoploss 93.20 (1.618), target open (97-98-100).

Good luck!

edit: 30 mars: stop out at break even. Will be on the side lines because of the fundamental releases this week.

Comments

traderWgun HughGRection
2012 high - 15/03
2011 high - 08/04
2010 high - 04/05
2009 high - 03/04
2008 high - 15/08
2007 high - 22/08

In the last 6 years we had 3 highs between april-may, and by then we were in a huge down trend.
It is possible that we have put in a high, but it is impossible to know.
However, I have moved me SL to entry so I'm risk free.
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