... and giving, and then give some more.
Should one lack the inclination to deal with everyday FX volatility (or with the lack thereof) then this is the pair to be SHORT , in George Foreman style, ala; "Just set it and forget it!"
Simply put, China's absolute best hope (just a dream, really) to survive it's oncoming demographic (industrial, deurbanization, and...
Hi folks today I'm prepared for you JAPANESE YEN analytics. After a rebound from the level of 130.65, the price continued to rise and has been trading in an uptrend for a long time. The Japanese Yen, after a downward correction, and re-tested the trend line, continued to grow. Having achieve mark 135.15, the price began to decline and approached the trend line,...
Hello traders, I want share with you my opinion about Japanese Yen. Watching the chart, we can see how the price has been moving up for a long time. After breaking through the resistance level 136.55, the Japanese Yen to rise and above created a resistance area 137.50-137.75 from which began to fall. The price declined, reached the support line and formed a buyer...
Probability:65%
We are in a downtrend but we have a good probability ( maybe > 65%) the Market will keep going up and cut the TP
TP & SL : on the Chart
Bonus: if the a Green Candle Cut with Force the TP ( u can take a second position and buy again and choose your own TP & SL)
the 6J! will keep going up: 65% probability
from the downtrend => start of an uptrend
Take profit: manually when u got a green candle with a tall wick above it followed by a red candle.
Japanese Yen is a safe haven asset for investors, but while pairs have been taken a beating - especially GBP against these safe haven assets - the demand zone 1 was touched so a scalp trade has been placed - aim to get 70-100 pips before closing.
Risk free entry already.
With new fresh zones being touched with heaving selling - await a rejection on a zone and...
Much of my argument is embedded within this picture. The content there speaks for itself. Overall, I withhold a net short position on USDJPY given the technicals for the four hour chart and I think a pull back below this resistance range is in the cards given the technicals.
