Looking to long USDJPY once the downward momentum on the short-term timeframes, ie 5m and 15m, seems to have ended. At the moment, I'm thinking that could be in the 104.75 to .80 neighborhood.
Comment:
Been having some great luck in this one recently. However, I think it might be running out of gas and may need to pause and refuel in the very near future. Therefore, I'm ready to get out at a moment's notice, but I think it might be good for another 10 to 20 pips...
Comment:
good enough for me. out