Looking for Ichimoku Breakouts on the USD/JPY

31 thg 1, 2015

Now I know everyone has been buying this based on the news that the Yen will strengthen at some point in the next fewweeks, myself included, however I actually think that waiting for a breakout at either 121 long or 116 short will provide a much clearer indication of where the next trend will occur. The price is currently ranging so its not clear which way it will go.

Hopefully up as I made a long before the madness!