USDJPY SHORT Idea 20160727 Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jul 26, 2016 4:32 PM

My last Ideas was to short USDJPY when price
touch 106.70

I use the FIB 1.618 EXT to Take Profit
at 104.08, that's a great profit with 270 pips

Now the price rally and I am going to short it again
I am going to use the fib 0.618 again
now this time : look closely at 105.68
Good Luck!

Comment

⋅ Jul 28, 2016 4:53 PM

Short at 105.70 and 106.00
now is 104.86
Nice profit

Comment

⋅ Jul 29, 2016 2:18 AM

Comment

⋅ Jul 29, 2016 4:08 AM

cool! Now is 102.70

Comment

⋅ Jul 29, 2016 4:42 AM

Comment

⋅ Jul 29, 2016 6:08 PM

going to hit tp3 soon

Support and Resistance Fibonacci

Comments

Trendhopper

⋅ Jul 27, 2016 10:59 AM

Does a stimulus of £265bn into the Japanese economy weaken its currency? Yes I think so......But then why trade this right now , when a FED decision on rates will affect USD currency

GreySouth

⋅ Jul 27, 2016 1:18 PM

Same here, await the news first, id say

tntsunrise

⋅ Jul 27, 2016 3:53 PM

I dun care the news. trade wat you see.

Pimmixx

⋅ Jul 28, 2016 7:33 AM

The news actually had an impact of one 5 Minute chart - chart then reversed and followed the prior direction - your prediction is scary. am on that trade since 105.300 - riding right now. My SL already to BE. Thumbs up.

lupino

⋅ Jul 27, 2016 8:54 AM

stop twice how you have 99 like on this idea?

tntsunrise

⋅ Jul 28, 2016 4:55 PM

i dun know how many pips u use for stop loss?

drill

⋅ Jul 27, 2016 6:03 AM

Hello, is the take profit price 101.400 as shown with the arrow on the chart?

tntsunrise

⋅ Jul 28, 2016 4:54 PM

101.40 will be the final target

Daniel_APM

⋅ Jul 26, 2016 5:06 PM

Tntsurise: do you use stop loss? If so, there is your stop loss level for this trade? 106? Thank you!

tntsunrise

⋅ Jul 27, 2016 3:52 PM

yes I do.