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SteveNixon
Feb 27, 2017 1:25 PM

Possible long breakout Dollar Yen Long

U.S. Dollar/Japanese YenFXCM

Description

We currently have a breakout of the bear channel - wait for it to prove that it is not going back into the channel before opening a long position.

Break out - correction - entry

All forecasts will be updated as they develop - remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

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Remember - never jump into a moving candle - it will burn you

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Wait for a pullback for a long entry set up

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Progressing as forecast

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Some people were calling this short but thankfully I stuck to my guns. I've set sl to zero so let's see what happens.

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Sorry that was a terrible snapshot here's a better one

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Progressing as expected
Comments
FieWars1
Nice man. Unfortunately i missed it
SteveNixon
@fiewars, Never worry - it's better to miss them than get them wrong lol
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