USD/JPY Which way will it go?

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jun 5, 2016 4:29 PM

USD/JPY is in ABDCE consolidation. Once this is broken one of 2 things could happen. Will enter on the 2 of either position.

Comments

tokyotiger

⋅ Jun 6, 2016 12:36 PM

Nice trading idea. Mr. Market does what he does. Make money either way.

Alireza

⋅ Jun 6, 2016 11:21 AM

Yellen speech is today. i think USD will be weak .

ghostdigg

⋅ Jun 6, 2016 9:43 AM

Waiting for a break of the trend lines. Either higher or lower. Than a retest will signal the entry.

harilaos

⋅ Jun 5, 2016 5:06 PM

I understand you will not enter at market but time entries. Where if I may? kind regards, Harilaos

Batmann

⋅ Jun 6, 2016 3:56 AM

now if you are short

harilaos

⋅ Jun 6, 2016 4:02 AM

Thank you for your answer. At the moment I am long, actually from 106.6, do you mean I should go short? I would appreciate your answer.