USDJPY: Short Gun RELOADED!

27 thg 7, 2016

After targets#1 and target#2 were hit, its time to reload for the daily major target where the daily trendline resides.

Limit: 105.30 and 105.54
Target @ 102.31 or a 200 pip trailing stop.

*keeping in mind tht the US rate decision is coming up tomorrow (Wednesday), and then the Bank of Japan monetary policy meeting's end is on the horizon.

27 thg 7, 2016

Ghi chú

I am not so confident in this trade. So, I took some risk off the trade. I am slightly bullish going into the FOMC. This is another reason. I will short higher if there is a chance.

31 thg 7, 2016

Đóng lệnh: đạt mục tiêu