IvanLabrie
Short

Forex portfolio: Short the USDJPY pullback

FX:USDJPY   U.S. Dollar/Japanese Yen
Let's take this trade next. Enter now, stop 101.691, risk 0.5% on the position.

Good luck!

Ivan Labrie.
Comment:
snapshot


This can evolve into a giant selloff until November 25th.
Trade closed manually: I'm not liking the retracement of post-FOMC action today, I suspect traders will close positions going into the debat and OPEC news so we can probably reenter next week. We will close all FX positions for now. It's better to avoid risk and take a small loss than continue to be exposed to this move. In the long run, it's highly probable that the trades pan out well, but short term distortions in price can cause larger loss than acceptable before the fundamental move pans out.
Trade active: Reenter this one, stop is now 102.655
Trade closed manually: The short doesn't look safe now.
brexit affect usd & jpy? how? why i dont get your analyse
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out