Dipak___Z

Longs and shorts In #USDJPY Elliot Continues in its action

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
724 views
28
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
Trade active: +30 pips since entry waiting for corrective impulse completion .
Trade active: +70 pips in pocket 10 pips remaining and we will be looking short trade opportunity soon.
Trade active: 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
Trade active: This is short entry trade no 2 trading at 113.20 wish you best luck.
Trade active: short Trade is active locked +50 overall uj gave me +110 since idea generated
Trade active: Locked in 60 pips stop at 113.15
Comment: Pair is trading at 112.95
Comment: 20% position closed at 113 gaining +65 pips
Trade active: Still bear in this pair .w8ing for fed
Trade active: Uj currently at 112.80 my target is near 112.60 .
Trade active: Uj currently at 112.30 still falling ,pocket +65 pips floating +110 pips
Trade closed manually: Closed uj guys closed all position . for short
Comment: It could fall more but seems risky
Trade active: Its magic?
Comment: feels great when we look back at our analysis and hard work.

Comments

Wonderful
Reply
Dipak___Z USAS_INC
@USAS_INC, Nice Chart USAS_INC
Reply
USAS_INC Dipak___Z
@Dipak___Z, Lets watch how USD UNEMPLOYEMNT CLAIMS HIT THE MARKET. Cheers.
Reply
Dipak___Z USAS_INC
@USAS_INC, hopefully, it Could be negative for USD
Reply
USAS_INC Dipak___Z
@Dipak___Z, Ready to gain more if News comes bad for USD
Reply
Dipak___Z USAS_INC
@USAS_INC, yes I agree on that chart .And profit is our right I hope for the best for both of us
Reply
USAS_INC Dipak___Z
@Dipak___Z, Good Luck Mate.
Reply
Dipak___Z DavidOjinaga
Reply