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glennmercer
Sep 27, 2016 12:18 PM

USDJPY EW COUNT: Buy The Pullback! Long

U.S. Dollar/Japanese YenFXCM

Description

USDJPY Has potentially completed its correction wave-(B), a double combination wave. If lows are breached, we will have a triple combination wave and I will look for entry against invalidation. Targets are placed at .886 fib and potential bat completion. Huge R/R on this one with a tight stop! Happy Trading

Trade active

Trade is active with a potential 15m doji reversal:

Comment

Stop set to B/E! Now time to enjoy the risk-free trade!

Trade closed manually

Break Even! No harm no foul no pips. More updates to come
Comments
Raja8934
yessir thats 4 uj positions so far
KinkoHyoTrading
Hi Glenn, will you get back in ?
glennmercer
Babas, yes definitely eyeing up a new long position when the opportunity presents itself. Looking for another leg down before entering. I will provide updates!
agonmazreku
US data " CB Consumer Confidence" comming in 40 minutes, wait for it, if it's positive BUY
sanmed02
trade active?
glennmercer
Yes, this trade is active
sanmed02
good trade ;)
glennmercer
Thanks, cheers
sanmed02
But I see bad USA data coming... be ready
glennmercer
Yes, US News at 9:00, 9:45 and 10:00 EST . Thanks for the heads-up
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