moorekapital

USDJPY: BALANCED MARKET

moorekapital Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
10

SHORT TERM STRATEGY

Trade Within The Box= Buy Low, Sell High = Scalp

LONG TERM STRATEGY
Box BO and Trade to 124 or 118, depending


I will update with time
SimpleFX. Less Is More @ MooreKapital
Comment:
Cat out of box ;)
USDJPY, my attention next
Comment:
Now that we're out of the box , I think that PB testing of box top for support is the ideal thing.
The basic tenets of Technical analysis: SUPPORT & RESISTANCE.

Now, when that is done, I see 125 as the ultimate target. But 124 first

Comment:
imagine price, a ferromagnetic substance, AND 124-125 A MAGNETIC FIELD ;)

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