It didn't exactly move up from the point I posted that but all the signs were there that there was going to be a reversal and a move up. Well, it has done exactly that. If you were a member of my website, you would've been alerted to a strong BUY in this pair and you would not have missed it! Right now, we are already up +258 pips (already banked +366 pips by closing half the trade). If you were a member, you would also be up a lot of pips.
So anyway, what I see happening here is that prices are pushing higher towards the MAJOR DT TL (blue) and also the that I have marked on the chart. There is also a completed on the chart in which prices are now testing its PRZ. It is now at the 3.14 level but I am expecting that it will move to the 3.618 level where it is in the and should be at that MAJOR DT TL. From there I would expect a reversal retrace back down to retest the lows.
Do you want to be alerted about great trading opportunities like this one? We've had MANY such trades and several trades that netted us thousands of pips this month! Were you also a member, you could've banked those pips, too? You didn't make thousands of pips this month? Why not? Just one trade alone makes the cost more than worth it! Join us for the next month and reap the pips! Subscribe now! It's easy. Just CLICK HERE..
So far this month with a few more trades that are also in profit still open and not accounted for, we've racked up and banked over +3700 pips so far this month! IF you were trading 1 FULL lot on each trade, you would be up over $37,000 this month! Is that worth the price of admission? Don't believe me? You can go check my trade tracking sheet here: http://bit.ly/29AeqnC. That sheet contains ALL my trades dating back to last year. Winners and losers. Nothing is left out.
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
THINK before you comment! It takes MUCH work and time to create these posts! So before you decide to criticize me for what I post, or how I choose to post, remember that I don't just throw a chart up with a few lines on it with a few arrows showing 2 possible directions and that's it. I can do those in 5 mins. My charts take MUCH effort and I put much detail into creating them for your benefit. I hope it helps but I also hope it's appreciated!
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Dec 10th - 15th Indexes Newsletter: http://bit.ly/2iP3uFB
Performance Summary & Public Trade Log: http://bit.ly/29AeqnC
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TRADE ALERT USDJPY BUY@100.450
R:R 4.3 risk: 136*4 reward: 587*4 ranking: 3.5
TRADE UPDATE: Closing email@example.com
Keep SL @B/E
UTD Profits: 183*2 = +366 pips
Closed Trade @103.260
Total Profits: 366 + (281*2) = +928 pips
Now you can dispute that no, my trade only made whatever the amount of pips the trade moved but then that would not what my actual profits on this trade reflects, would it? My actual profits would not say I only made "300 pips". It would reflect that I made +928 pips. Or in dollars...$9280. And any of my members who traded this the same way also just cleared nearly over 9K on this ONE trade. We've had several trades this month that gained similar or larger gains! Documented on my publicly available trade tracking sheet. I hide nothing like some other posters here who claim they took a trade but in reality did not.
Hope that clears things up.
*DISCLAIMER: These numbers are not taken from my actual trade account but rather are meant to be "representative" of my actual trade results and subsequent realized profits. They are calculated based on numbers provided from the Tradingview charts and "average" dollar per pip profits as are the results on my public trade tracking sheet. i.e, the ACTUAL dollar per pip value at the time of this post is 9.6845 dollars per pip based on current exchange rate. But for the purposes of simplicity, I round off to $10 per pip to calculate the profits. My ACTUAL account statement is not a matter of public record and never will be.
Thanks for the comment.