JLJ002500
Long

USDJPY - Failed LL, expecting move to 109. Long entry set up.

FX:USDJPY   U.S. Dollar/Japanese Yen
50 0 3
8 months ago
1M
snapshot
38.3% retracement.

1W
snapshot
Bearish price action, but at least for now, failed to make a new LL. Definitely indicating changing dynamics.

1D
snapshot
Price rejection, not making a new LL (at least at this time).

4H
snapshot


Could retest TL. If hold, would be bullish sign. I'm looking for a move back to ~109 area.

I'm not in yet. Looking for a long entry point. Favorable R/R.


8 months ago
Comment: Opened a small position yesterday. Typically in this situation i would add to my position at this point. I can do so and easily stay well with in my money management rules. The only thing holding me back is the timing...Friday with very limited trading time remaining. Debating placing a limited buy order.

snapshot
8 months ago
Trade closed: stop reached: Held small position over the weekend (less than 1/2 my allowable trade risk). SL triggered.

KEEPING SCORE: LOSS (93.3 pips)

My bias is still looking for long entry.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out