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Ichimoku_Trader
Jul 22, 2016 8:25 AM

USDJPY Friday trade... Short

U.S. Dollar/Japanese YenFXCM

Description

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Comment

Do not rush to enter please .. I am expecting a deep retrace so look for one of 2 things:
1. A really cheap signal that will not make you twitch if you lose it
2. A really convincing signal with momentum
Comments
karim7
what do you mean by optimize position if trading daily? because i'm doing it daily so what do you mean by optimization position in optimization zone?
Ichimoku_Trader
this trade is not valid any more
karim7
have you sold this yet?
Ichimoku_Trader
yes
Mavarick22
Do you expect the drop today?
Ichimoku_Trader
no
But I will enter if I get a signal anyway since I want this position for the daily trade
kshitijkul
Hi Ichimoku - I have been reading your educational posts and learning a lot. They are really good...Just wanted to know what should be strategy / signals to get out of a position. Are there any sell signals, similar to the buy signals you have? Also, how do you determine the target zone? would be great if you can share your insights into this. Thanks.
Ichimoku_Trader
hi and thank you,

1. use KS pivots to get out of positions or use targets
2. buy and sell signals are the same just flip them
3. there is a slide about the target zones

Good luck
kshitijkul
Thanks very much...
Mavarick22
Be wary, KS line has bounced off TS line and is pointed up.. Also Japan is holding 30 trillion yen stimulus package to be approved next Friday. Make sure your signal is crystal clear. Prob going to get a picture of the day at NY open.
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