UPDATE #1: TRADE: USDJPY BUY@120.530 +105 pips So Far

FX:USDJPY   U.S. Dollar / Japanese Yen
471 1 24
Nice thrust upwards off that COMPLETED Bat, huh? Wish all trades were this easy! Love no pain trades like this but unfortunately, it's the exception and not the rule.

But anyway, now that prices have gone as expected, there is a small POTENTIAL Bat that is waiting to complete in the path of rising prices. This bat when completed should send prices back down in a retrace before resuming the uptrend. As always, there's no telling how far the retrace will go. So I am going to be taking TP1 profits and banking them just before the bat completes.

Though I may not post here quite as often like before, I do continue to post much more to my own Facebook0.23% group (where I can BAN any TROLLS!). So if you would like to continue to see more of my posts as well as some of my trading tips, join my Facebook0.23% group at: www.facebookdotcom/efxselect (replace the "dot" with a ".")

If you desire to receive ALL my analysis on pairs I trade and cover as well as REAL-TIME trade signals, consider joining my private group and my members. You'll get REAL-TIME trade signals and analysis as the trade happens and discussions those trades live. Interested? Go to: efxselect.com for more info.

My members caught this trade from the very bottom and several other trades just like it! Join the fun! http://www.efxselect.com

Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I can know my post was helpful to you. As always, any CONSTRUCTIVE comments are welcome whether AGREE or DISAGREE.
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