USDJPY short supply and demand trade Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Feb 15, 2016 10:05 PM

Trend is down on monthly, weekly and daily. Trend is not up on the H1 or H4.
Considering the trend still down, I shorted at the supply zone at 114.500, expecting TP at nearest demand zone 112.500.

Trade active

⋅ Feb 17, 2016 7:12 AM

Looking good so far :-)

Trade closed: stop reached

⋅ Feb 17, 2016 3:31 PM

Oouch!

Trade active

⋅ Feb 17, 2016 3:38 PM

Sorry, my eyes betrayed me. I´m still in!

Trade closed: target reached

⋅ Feb 19, 2016 6:45 PM

200 pips :-)

Comments

eirik.kaasa

⋅ Feb 18, 2016 9:54 PM

And we are still ok