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Le_Chiffre_
Jan 2, 2015 3:12 PM

SELL USDJPY 120.40 Risk Reward 1 for 5 Short

U.S. Dollar/Japanese YenFXCM

Description

Sell // second sell 119 stop 119.50
Comments
gabriel0352
Looks like a good setup; on 15 minute you can see pair moved down and retraced right back to 50% Fib level; currently sideways letting off oversold. Thanks for spotting this!
Le_Chiffre_
Thanks for your comment. You are welcome. I hope to be right and provide you useful insights in the future
Le_Chiffre_
made a second sell at 119, stop 119.50
Recluse82
stopped.out?
Le_Chiffre_
Yes for the second one. Part of the game :)
Le_Chiffre_
fist target hit. Looking for the next oneat 115.50
Recluse82
go go :)
Le_Chiffre_
thanks mate ;)
Recluse82
but i wish to be seen much lower prices around 100 would be nice
i like 4xforecaster's analysis :)
Le_Chiffre_
if 115 is broken 110 is the next target, then105, then 100.The USD index looks ugly, I wouldnt be surpised to see 100. If I do not see a strong bulllish reaction on 115 I ll keep my trade
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