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NickofJupiter
Aug 17, 2016 3:51 AM

USDJPY SHORT Short

U.S. Dollar/Japanese YenFXCM

Description

Just shorted USDJPY on the touch of the 61.8 retracement
This is a simple trade because we broke into new structure lows and are now retesting previous structure
First target is the 99.10 level

Comment

stopped out.
was a simple trade indeed, a simple bullish correction breakout, as the impulse leg was an up-move and a new structure high.

#hindsight
learn and improve
Comments
exclusivekicks
i took the exact trade lets hope it goes smooth
NickofJupiter
cheers to that!
TradZ
Here we go!!!
TradZ
smooth indeed:)
TradZ
Nice analysis:)
NickofJupiter
thanks!
hopefully its a quick and easy ride
TradZ
no problem and so far it's been slow action for the past 5-6 hrs maybe more but should pick up around this time soon
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