After a strong upward move. it might be possible that USDJPY will retrace till then given level. what I suggest is to take a long position after retracement as the over all trend of USDJPY is upward
Kommentar
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In profit of about 40-50 pips . Move your SL at BE
Thats exaclty what I'm hoping for my friend. I'm shorting, gonna observe then hop on for another ride
bgrant
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Thats exaclty what I'm hoping for my friend. I'm shorting, gonna observe then hop on for another ride
HumairDawood
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I missed this strong upward move. I think this is not a good time to enter the trade. However, it will retrace and go upwards again as you mentioned (y) Ty!
ktrade6
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Is a retracement still possible from now?
I'm trying to short this retracement then go long
Batman-oz
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Hi Dee, Ive been in this trade long since 100.357. Is it wise to exit and take a short and then go long again when it hits 101.499 then take another long, or just stay where i am at 102.200
Thanks in advance