Another opportunity to add Long USDJPY

Another quick one....
Will update you tomorrow.
Regards,
KHAN

Kommentar:

Bother Nikkei and Nikkei futures are up after a breakout of the Inverted H&S.

This is a great sign of the YEN weakness and Dollar strength. Here is the Nikkei futures up about 1%

Kommentar:

Already in UJ Long trade and want to know if still is a good trade?

Indeed nothing has changed apart from it is becoming more reasonable trade.

Kommentar:

And do not forget Yen futures....
See how much down side room it has...
Enough to get too 112? We will see...

Trade geschlossen: Stop wurde erreicht:

Due to the massive downside pressure caused by EU and GU our stop reached but remember that our stop was really small.
Good lesson that we do not need big SL if price has already broken the key support lines as nothing can stop it. Anyway it was a small one.
Also Nikkei had a healthy pullback like over 1%. Still Yen has downside risk.
I am long from 107 as you can see the "related ideas" below. Look for your opportunity and get into UJ long if you like. Thanks again.

GU hopefully will be the ONE.

Regards,
KHAN