FX:USDJPY   U.S. Dollar / Japanese Yen
428 16 15
ITS ASIAN SESSION NOW.
WHAT BETTER PAIR TO TRADE THEN UJ.

90 PIPS PIN BAR FORMED AT
RESISTANCE TURNED SUPPORT?
50% FIB?

EASY WITH TREND TRADE,
NOTE: UPCOMING US NEWS MAY SWAY THIS PAIR BEYOND EXPECTATION.
BUT FIRM YOUR ANCHOR AND LET THE WIND SAIL YOU.

ALTHOUGH I HAD VERY BEARISH VIEW ABOUT UJ LAST WEEK, THIS WEEK BEARS SEEMS TO HAVE BEEN UNABLE TO PUSH PRICE LOWER.
H4 LOW RSI WITH MANY CONSOLIDATION BARS.

H4

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"Please be advised that the upcoming Greek referendum, which is scheduled to take place on Sunday, 5 July 2015, may trigger abnormal market conditions (listed below) on Monday, 6 July 2015:
Extreme market volatility
Thin market liquidity
Abnormal spreads
Pricing gaps
Market opening delay
"
UPDATE 4 : FULL POSITION'S TARGET HIT @ 122.00. NOT HOLDING ANY UJ AS OF NOW. LOOKING TO SHORT @ HIGHER PRICES. WILL UPDATE IF IT COMES TO THAT.
+1 Reply
Andyle PriceActionTrading
Nice shot UJ and EC mate
Reply
UPDATE 3 : BEARISH PIN BAR D1 @ 61.8%.
IT IS CLEAR WE SHOULD ONLY ADD SHORTS.
+1 Reply
Andyle PriceActionTrading
Nice. plan so far. added 123.12
+1 Reply
Nice but limit your positions, sunday's a reckoning.
Reply
UPDATE 2 : BEARISH ENGULFING H1 FORMED @ 61.8%. I HAVE PLACED A SMALL SHORT.
+1 Reply
UPDATE 1 : ADVISE TO CLOSE HALF (IF NOT ALL) OF POSITION. SHOWING SELL ACROSS MOST JPY PAIRS.
Reply
Nice view. Thanks mate
Reply
good one mate, is this the short term till nfp?
+1 Reply
Your right mate. It will be a SL @ BE as soon as it goes over 123.00
Reply
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