UPDATE ON USD/JPY LONGS
USD/JPY 30M - As you can see the longs that took place in this market yesterday played out really well, anyone who got involved when I gave the suggestion to look for longs would have profited very nicely.
We have seen since that due to fundamentals price has pulled back down setting a new low, this I feel will be short lived and we should see price correct itself and begin to trade us higher once again.
The trade from yesterday ran + 223 pips. (+ 10%) 10RR
As I say a big well done to anyone who got involved in this market, I am sure that you all would have and should have taken partials throughout the trade and applied safety measures like SL moves.
A big well done to anyone involved in the market, if you have any questions with regards to the analysis or the trade itself then please drop me a message or comment below and I will get back to you as soon as possible.
We have seen since that due to fundamentals price has pulled back down setting a new low, this I feel will be short lived and we should see price correct itself and begin to trade us higher once again.
The trade from yesterday ran + 223 pips. (+ 10%) 10RR
As I say a big well done to anyone who got involved in this market, I am sure that you all would have and should have taken partials throughout the trade and applied safety measures like SL moves.
A big well done to anyone involved in the market, if you have any questions with regards to the analysis or the trade itself then please drop me a message or comment below and I will get back to you as soon as possible.
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