DR.

USDJPY Forecast - UJ Weak Bull VS UJ Weak Bear -Manual Indicator

FX:USDJPY   U.S. Dollar / Japanese Yen
President Donald Trump called for the EU and China to eradicate or re-consider trade barriers and tariffs, or face the consequences. EU and china' response to ''POTUS'' will possibly determine the direction of US dollars

As many of you know.... I always trade my chart - and I am currently on the long side ( entry @ 109.900 and hoping to see 113) reason why?
Here is my reason:
Trump tone = ''Very Hawkish'' (Trump is talking tough on the Tariffs, and at the same time - I am very mindful of my chart, I am paying attention to 110.574 if breaks? - will take us higher as indicated on my chart but failure to break through 110.574 ? will force me out of UJ long as this might take us south - back to 108 / 107 zone - meaning that: if china and EU spurned to remove Tariffs and Trump did nothing? UJ will run down south like there is no tomorrow; but if trump fire back and introduce the aforementioned consequences that he promised EU & China ? then we are looking at a strong US dollars - with enormous strength for UJ to go 113 region and possibly beyond.

I rest my case :)

Trade smart!
Comment: We are approaching the 2nd TP now - we are almost there!
and we'll get there in no time -why? how? because Trump' tone on Tarriff is very Hawkish - it's green light
Comment: stay on course :

Comments

any update?
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I LOVE It, AND TRUMP KICK SOME ASS!!
Reply
DR. fxxxxtrader
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