USD/JPY Channel on Daily
Updated
Mr Abe Launched a Stimulus Package again, Yes Again!! and No its not Helicopter Money.
Read More Here: wsj.com/articles/japan-cabinet-approves-274-billion-stimulus-package-1470121631
&
: ft.com/cms/s/0/d4ea5848-5896-11e6-8d05-4eaa66292c32.html
After the News the Yen has strengthen to 101 and trading around 101.80
Now I am Looking to Buy Some Dollars with NFP due this Friday.
So will be buying in 2 areas:
Buy in the Demand Zone Based on Price Action Signals
Stop loss will be Close below Demand Zones
Target Upper Channel
Happy Trading & Profitable Trading
Cheers!!
If my analysis has helped you plz press the like button to support
Thanks
USDJPY
Read More Here: wsj.com/articles/japan-cabinet-approves-274-billion-stimulus-package-1470121631
&
: ft.com/cms/s/0/d4ea5848-5896-11e6-8d05-4eaa66292c32.html
After the News the Yen has strengthen to 101 and trading around 101.80
Now I am Looking to Buy Some Dollars with NFP due this Friday.
So will be buying in 2 areas:
- First is a Demand Zone which is derived from previous price action.
*Second Channel Support and Important Fib Level
Buy in the Demand Zone Based on Price Action Signals
Stop loss will be Close below Demand Zones
Target Upper Channel
Happy Trading & Profitable Trading
Cheers!!
If my analysis has helped you plz press the like button to support
Thanks
USDJPYNote
101 recaptured :)Trade active
Moe stops to breakeven guys Happy Weekend everyone
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