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justatrader
Dec 10, 2014 7:24 AM

USDJPY - 1 hour flag Short

U.S. Dollar/Japanese YenFXCM

Description

2 trades, one targeting 117.915 and the other down to 116.851. Trading on the Yen's strength in the run up to the weekend elections. If targets are not reached, then exit all positions before the weekend.
Comments
manijeh.kazemi.33
hi https://justatraderhttps://www.tradingview.com/v/3X3nRW1S/
justatrader
Good one... I'm keeping my eye on 115 zone lows to go long.
IvanLabrie
Don't you think that the last wave up was a terminal wedge artificially extended by manipulation?
manijeh.kazemi.33
Hi I think 115 is demand zone
justatrader
For those interested... A rally back to 117.8 could give another short opportunity but with a renewed risk however. I took on a small counter trend long position at market to target 117.8 with a very tight stop below the previous H4 candle's low.
justatrader
Exited with a small loss.
Sam0101
goes down to 115.5 then 117.8
justatrader
Was long at 115.7 and exited after the housing data released for some decent profits. its crazy scalping day today!!
Sam0101
This pair is definitely on roller coaster. It makes me off schedule
justatrader
That's it!! So now its onto EURJPY for the final leg and we should be out of the market before FOMC.
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