Hey guys as yen performed last week +trend+sentiments+ongoing fundamental +technical +theory +principle gave us the target on Long @113.01 targeting 80 pips @113.81 .
Second trade today we will be looking if chances allows us to short UJ at same level where we will close our long @ 113.80/90 we will have stop loss for that short entry at 114.11 which is above .38 fibbo level
and target for that short you could hold it longer but the trade of short may continue till next day targeting 111.62.
I am still bearish on USDJPY .so any modification I have to keep update of that .
Wish You best Luck for the day . regards, Dipak Z
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+30 pips since entry waiting for corrective impulse completion .
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+70 pips in pocket 10 pips remaining and we will be looking short trade opportunity soon.
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Trailing Stop Hit at 113.60 had +59 pips now waiting for trade reversing for short. for risk would be -20 pips and targeting at least +200 pips
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This is short entry trade no 2 trading at 113.20 wish you best luck.
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short Trade is active locked +50 overall uj gave me +110 since idea generated
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Locked in 60 pips stop at 113.15
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Pair is trading at 112.95
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20% position closed at 113 gaining +65 pips
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Still bear in this pair .w8ing for fed
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Uj currently at 112.80 my target is near 112.60 .
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Uj currently at 112.30 still falling ,pocket +65 pips floating +110 pips
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Closed uj guys closed all position . for short
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It could fall more but seems risky
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Its magic?
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feels great when we look back at our analysis and hard work.