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zurek
Jan 4, 2015 10:52 PM

USDJPY breakout Long

U.S. Dollar/Japanese YenFXCM

Description

USDJPY is getting ready to break free from the 120.ish prison, seems like it took a deep breath and could potentialy move rapidly, taking STOPs above 120.78. Lets see how it goes, will have to loose the position quickly if it doesnt show strength right after the break.
Comments
Le_Chiffre_
Your trade was very dangerous due to the fact that you were buying a resistance. It is always better to buy retracement on a broken resistance that becomes a support. My 2 cents
LevRidge
yes, very nice ;)
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