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SimpleTradingTechniques
Dec 29, 2016 11:22 PM

USDJPY - BULLISH Strategy Short

U.S. Dollar/Japanese YenFXCM

Description

Go short the USDJPY if it trades at 116.24 or lower. If triggered, place your stop at 116.92 and exit the position for a profit at 114.13 or at your own discretion. (Always invest wisely). Leave a like

In this idea you don’t get the following:

1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for large moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening

Trade active

Trade closed: stop reached

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