USDJPY- 312 PIPS IN THE RUNNING JOURNEY FROM 108.74 TO 111.50's

23. Apr. 2016

Short below 108.98 for targets 108.75—108.78-------Target booked@108.83 (15 pips)
---Updated in FAILED FLAG PATTERN TURNED INTO PROFITABLE TRADE

Short below 109.30 for targets 109.05—109.08-------Target booked@109.08 (22 pips)
---Updated in “are you ready for the show” & Target achieved as “…22 pips..Bang On... perfect picture”.

Long Trade slightly above 108.74…which was crucial level as per update-“Big Picture” executed & updated in-“Read within the lines (Bang on for 108.74)—50 pips from 108.80 to 109.30…

Long Trade above 109.32….Booked@109.48 as per update-“Another buying opportunity above 109.32”….16 pips

Short Trade below 109.75 ….Booked@109.51 as per update-“Possible retracement on short term”……24 pips

Long Trade in 109.50’s & booked@109.75 as per update-“Bang on for 2nd leg up till 109.74 from 109.51’s”---15 pips only booked in between 109.55 to 109.74.

Short Trade@109.80’s & booked@109.41 as per update-“30-35 pips again”---30 pips

Long trade@109.30--109.35 & booked@110.40 as per udate-“50 % retracement zone 109.33(Hope so you bought)---110 pips

Long Trade@110.70--110.80’s for Target booked@111.10 as per update & comment-“110 pips ..Up…Up & Away”---30 pips.

Real Life Updates with Proper Risk Management…..helped me make 312 pips running profit…

Regards,
Abhishek H.Singh,CMT

24. Apr. 2016

Anmerkung

We have no confirmation of going shorts ...but we could be reaching top so one would be advised to stay long having cautious approach. Regards