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UnknownUnicorn6016911
Dec 4, 2019 3:03 PM

Buy stop USD/JPY | News Trade Long

U.S. Dollar/Japanese YenFXCM

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Buy stop USD/JPY | News Trade

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ISM Non-Manufacturing PMI came slightly less than forecast but the deviation is too small to be bearish for USD/JPY. Forecast (shown on calendar of many sites) is an average of forecasts of many analysts, it is not a fixed figure, different analysts have different forecasts, so price action post release is the key to enter a news trade. Therefore, I entered buy at 108.831.

Trade closed manually

at BE.
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