Benettel

USD/JPY Trade Review

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
As a Trader. I try to find the areas and key levels where the Institutions and the Big Players are planning their trades. It is not an easy job. I use Supply and Demand, Trend Analysis and Confluence to try to find those areas. If you can find those areas, you can make huge profits because you are on the right side of the Market.

I posted the USD/JPY Analysis last week Tuesday. I was waiting for the Banks to put their next sell orders. If you looked at the chart, The Banks placed their 4th Sell Order on Friday at the Sweet Spot. Exactly as I predicted.

All my three moves were 100% accurate and in profits..First move (Sell), Second move (Buy), Third move (Sell)..The third move was the main move..150 pips in profit!!

Did you take this trade? I'm sure you are wondering if i can see the future..how did I manage to catch all the three moves? lol 😂😂😂

I cannot be right all the time..sometimes my analysis can be wrong, just like the NZD/JPY Analysis i posted last week. This is why you should always use a Stop loss.

The banks wanted to put their 4th Sell Order in NZD/JPY, but the US Fed news on Thursday made them to change their mind and NZD/JPY went up. So i had to change my direction to BUY.

This is the USD/JPY Trade (After).

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