USDJPY: Short now, abysmal targets

14. Nov. 2015

I think it's worth it to try a short trade here, aiming to capture the following targets:

Target #1: 116.39
Target #2: 112.95
Target #3: 102.48 (monthly uptrend mode from 2011 to date)

Market sell at the open, place stops for each position at 123.96, and hold the trade until the end of November.
If we don't hit target #2 by then or earlier, and we're not stopped, it might be safer to get out.

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Regards,
Ivan Labrie

18. Nov. 2015

Trade ist aktiv

19. Nov. 2015

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