USD/JPY Channel on Daily

2 thg 8, 2016

Mr Abe Launched a Stimulus Package again, Yes Again!! and No its not Helicopter Money.
Read More Here: wsj.com/articles/japan-cabinet-approves-274-billion-stimulus-package-1470121631
&
: ft.com/cms/s/0/d4ea5848-5896-11e6-8d05-4eaa66292c32.html

After the News the Yen has strengthen to 101 and trading around 101.80

Now I am Looking to Buy Some Dollars with NFP due this Friday.
So will be buying in 2 areas:

• First is a Demand Zone which is derived from previous price action.
  
  *Second Channel Support and Important Fib Level

Buy in the Demand Zone Based on Price Action Signals
Stop loss will be Close below Demand Zones
Target Upper Channel


Happy Trading & Profitable Trading
Cheers!!

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Thanks

USDJPY

3 thg 8, 2016

Ghi chú

101 recaptured :)

5 thg 8, 2016

Giao dịch đang hoạt động

Moe stops to breakeven guys Happy Weekend everyone