TradingView
Tr8dingN3rd
Apr 19, 2016 7:34 PM

USDJPY - Beanpole Trade ;-) Long

U.S. Dollar/Japanese YenFXCM

Description

At support, ther is a chance that price holds in the SZ.
Going long if price can make it to my buy stop.

P!

...try this: mytradingcoach.teachable.com/

Comment

...there we go :)

Comment

No, i don't go BE - i would beg to stop me out.
Such up-thrust bars dont last long, as i mentioned a couple times.
Means, price shoots down again because "they" know where the breakout traders enter and when and where they go BE...not me, or to clarlify, no more ;-)

I know that price was stretched at the lower dashed A/R line.
This is why price behave often like rubber band - it's "flungs" back.

Stay patient, follow the plan and lean on your one stats.

P!

Learn To Earn with Action/Reaction (free4you): mytradingcoach.teachable.com/

Comment

If we crack the last Bars high, i add to the position with a very small stop.

Comment

No fill on the second and in the red on the first - one of these whales must have read my comment lately §8-)

Trade closed: stop reached

Comments
Tr8dingN3rd
Jep, looks ugly from this perspective.
What's your thinking here?
IvanLabrie
Awesome :p
tanSL
BOJ considering negative rates for its lending programme for banks – Bloomberg
Tr8dingN3rd
I totally ignore news. IMO it's all in the Charts, and stars ;-)
tanSL
Congrates,..! And Good call.
More upside to come!
Tr8dingN3rd
TNX - yes, i hope so :)
...it's not over yet.

Do you have some charts from your analyse techniqe?
tanSL
On my chart 111.35 should hold.
I am looking at 115-116-120.
Let this trade holds with trailing stops and collect interests daily as this ride itself to target.
tanSL
Fully agree with your views....... All stars aligned soon
Tr8dingN3rd
TNX for your feedback tanSL
Do you prognosticate on stars? ...sound interesting to me.
More