tommyb35
Long

Gotta love the simple setups!

FX:USDJPY   U.S. Dollar/Japanese Yen
On the USDJPY             I just entered long on a trend continuation setup. This was the very first trading strategy that I learned, and its still my go to setup. Excellent win rate, extremely simple and yet very effective. Previous resistance should now become support, get at least a 1:1 R/R for Target 1 and shoot for a 127.2 Fibonacci Extension on Target 2. As Albert Einstein said "Simplicity is the Ultimate Sophistication!"
Good luck and Good trading
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 Billing Sign Out