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FxSaint
Nov 28, 2014 8:13 PM

UsdJpy Short

U.S. Dollar/Japanese YenFXCM

Description

short the current price with expectation of price to move lower levels next week. Next week is new month & last month for year end, believe it or not, the big players will reset all the levels for important trading. Also, many will take profit of their longs as year end is more closer now. Short will be scraped above 119.00 level so it is good risk : reward trade to fight for profit. I will keep the third profit target open till 114.00 level or opposite signal is received.
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