David_Warren_Ellison

USD/JPY Bulls in Control

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
The USD/JPY pair's 14 period regression line has crossed the 30 period in a pro-trend (90 period regression line) direction, setting up a low risk long opportunity on today's backtest. As usual, this trade is void upon a reversal of the trend, so we put our stop loss at 109.860.
Order cancelled
Comment:
FOMC reversed all the USD pairs.
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