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wuweitrader
May 21, 2014 5:30 PM

Short on lower time frame USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

Once again I am looking at the USDJPY. Took a short off of the upper median line parallel (stops above A) Target at the median line. The touches on the tail are nice and the range play seems nice. R:R is also good.
Comments
wuweitrader
WOW!
wuweitrader
Just a note for anyone that might be following this. This is a daytrade for me. If price starts acting not as I had thought, I will pull out, way before a stop gets hit.
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