FX:USDJPY   U.S. Dollar/Japanese Yen
232 0 9
3 months ago
hello fellow traders,

quite tough to go long with USDJPY             now, anyway according to the technical point of view a thin support at 99.7xx has been established; due to the fundamental point of view, traders and investor eyes on Yellen speaks this week and further stimulus planning is now set by the Japanese Government. So let's say in a fundamental point of view an high probability that JPY will be weaken and USD will be strong in the coming days.
My long level is set at the current market price and s/l at default at 99.30
T/Ps are set at two levels: 101.38 and 102.50
Note: support level at D1 is very thin:
But I take the risk, because that risk attracts me well :)
trade well!


m2m
3 months ago
Trade active
3 months ago
Comment: http://www.bloomberg.com/news/articles/2016-08-24/jackson-hole-gives-yellen-stage-to-keep-2016-rate-rise-on-radar
3 months ago
Comment: 20 pips more, then 1st target hit/
3 months ago
Comment: 1st target hit@101.380
3 months ago
Comment: need some pips more for the second target.
3 months ago
Trade closed: target reached: done.
http://m2m-vn.com/harmonic-trading-profiting-from-the-natural-order-of-the-financial-markets-by-scott-m-carney_volume-01/
http://m2m-vn.com/elliott-wave-principle-key-to-market-behavior-prechter/
https://www.mql5.com/en/market/product/18578
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