cfdtrading_news

Going Long USDJPY -- Again

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
I was stopped out on this trade previously, at breakeven -- I think I had moved my stop to breakeven a little too early. However, I think there may be time to try again. I'm set to go long at 101.58, with my stop at 100.94. I have an initial profit target at 105, though with yen trades, I'm interested in holding out for a much larger move to 120 or so.

www.informedtrades.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.