Here is another quick one, Will update you tomorrow, Regards, KHAN
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Bother Nikkei and Nikkei futures are up after a breakout of the Inverted H&S.
This is a great sign of the YEN weakness and Dollar strength. Here is the Nikkei futures up about 1%
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Already in UJ Long trade and want to know if still is a good trade?
Indeed nothing has change apart from it is becoming more reasonable trades.
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And do not forget Yen futures.... See how much down side room it has... Enough to get too 112? We will see...
Trade closed: stop reached
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Due to the massive downside pressure caused by EU and GU our stop reached but remember that our stop was really small. Good lesson that we do not need big SL if price has already broken the key support lines as nothing can stop it. Anyway it was a small one. Also Nikkei had a healthy pullback like over 1%. Still Yen has downside risk. I am long from 107 as you can see the "related ideas" below. Look for your opportunity and get into UJ long if you like. Thanks again.
@khansalarehsan Mr.Khan, A drop in the currency pair is a opportunity for us to long? I noticed the USD strength was notably breached just now.
Still i have confidence in your idea that offers comprehensive details. Once a wise man said dont react blindly to the market change. It is good to be your follower.
Still i have confidence in your idea that offers comprehensive details. Once a wise man said dont react blindly to the market change. It is good to be your follower.