DXY Bearish , USDJPY Trade Ideas
My way of analysis:
1. Seek direction(Bias) in DXY. I trades mostly MAJOR FX Pairs.
2. DXY Looking strong bearish with strong MARU Candle engulfs previous candles.
3. Classic break and retest strategy. Waiting for retracement, and weakness in bull retracement to enter. Another per-requisite is to wait London & New York Open prior to enter position.
4. Risk Appetite: 2%.
#TAYOR
1. Seek direction(Bias) in DXY. I trades mostly MAJOR FX Pairs.
2. DXY Looking strong bearish with strong MARU Candle engulfs previous candles.
3. Classic break and retest strategy. Waiting for retracement, and weakness in bull retracement to enter. Another per-requisite is to wait London & New York Open prior to enter position.
4. Risk Appetite: 2%.
#TAYOR
Everybody has a plan until they get punched in the face
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