USD.JPY - 112.00 Short Opportunity Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jan 10, 2018 10:09 PM

Currency Pair: USD.JPY
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short

Live USD.JPY updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Should my daily predicted direction be incorrect no trade opportunity will be generated.

Comment

⋅ Jan 11, 2018 11:50 PM

Textbook setup, however for me took a quick 1:1 on USD.CHF with very similar technical confluence factors.

Comment

⋅ Jan 14, 2018 9:42 AM

Comments

wallychops

⋅ Jan 12, 2018 9:46 AM

tom you where bang on with trade i just had my sell order at 1.1200 nevermind

UnknownUnicorn180388

⋅ Jan 12, 2018 5:15 PM

@wallychops, We all miss those positions sometimes, onto the next one :-)

TAJIR_B

⋅ Jan 11, 2018 8:54 AM

looking at the same, small bearish candle until now

TAJIR_B

⋅ Jan 11, 2018 9:07 AM

@TAJIR_B, i prefer the 112 mark

UnknownUnicorn180388

⋅ Jan 11, 2018 11:51 PM

@TAJIR_B, It was certainly possible, however i would have placed stops above this just incase price was looking to retest.

TAJIR_B

⋅ Jan 12, 2018 11:20 AM

@tomhall, yahh my plan is a stop before the last high 112.4, but now we went much lower to the tp zone 111. lets see if we can get a decent pull bck. thanks

UnknownUnicorn180388

⋅ Jan 12, 2018 5:14 PM

@TAJIR_B, I hope all goes well mate.