EverythingForex

CLOSED TRADE: TRADE: BUY@120.460 Scenario #2 (+52 pips)

FX:USDJPY   U.S. Dollar/Japanese Yen
167 0 9
Though I did not have the time to post this prior to the FOMC, I had closed this trade as prices had reached the upper TL of the contracting triangle under the Scenario #1 post( see Related Ideas: " QUICK ANALYSIS: USDJPY: Scenario #1: Contracting Triangle Wave 4") and stalled there. I had decided that it was better to close the trade due to the FOMC and play it safe. So I successfully bagged a small +52 pips on this trade.

Keep in mind that I am posting these results as they are my own real trades and also to give you a view into my thinking when it comes to trading so that you might benefit from it for what it's worth.
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