USDJPY Correction in sight : Double Top ?

Jan 5, 2017

Good morning traders,

USDJPY seems ready for a correction, after formation of double top. We should see 114.335 in the next few days

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Regards

Josep Pocalles

Jan 5, 2017

Trade active

Taking 50% profits and remaining position to B/E

Jan 12, 2017

Trade closed: target reached

Nice trade !