I’m long USD/JPY with a R/R over 15

- As a swing trader i do my analysis on the daily time frame and my entry on the 15 minutes chart .
- I draw my support and resistances on a two daily body candlestick minimum ( as shown above )
- My analysis go through 3 steps which are technical analysis, economic calendar release and inter market relationships .

For USD / JPY
1. technical analysis : wait for a pull back and then ride the bullish trend until the resistance of 138.987
2. Economic calendar release : no economic release next week which could affect our trade.
3. Inter market relationship :
- the DXY broke his previous downtrend to the upside ( bullish for USD) , I expect a pull back to around 106.567 and then continue rally to the upside .
- The US government bond 10 year yield also broke his downtrend to the upside and started a new uptrend which could last for a month to reach the highest resistance .(bullish for the USD)

My strategy is simple because the simpler it is , the easier it is to follow it with discipline.
And discipline is what make you rich in trading .
Have a wonderful day .