USD/JPY About to Turn?

FX_IDC:USDJPY   美元 / 日圓
70 0
Since this appears to be wave 4 of a new weekly impulse after a wave 4 on the monthly, I'm taking this view of USDJPY . It already nicked the limit order I put on at 109.426 earlier this week. So I'm in the trade. However, my position size is absurdly low until I see how it's going to go. Easy enough to recover with a larger position in the opposite direction if I'm wrong. I prefer trading small position sizes that are easy to recover with larger trades in the opposite direction rather than using stops. I only use stops to protect a profit. Your mileage may vary ...

So how will I know? Well if it drops below the lower trend line and hooks back up I will hold unless it bounces lower with momentum. If it drops and makes a flag lower I will reverse. If it forms a Vee at the bottom of this leg you can wait for the first solid green Heikin-Ashi candle (without wicks on the bottom) after a several solid candle pullback (red candles without wicks on top) and then enter. Or take the safer trade at the top of the V after the pull back which, at the moment looks to probably be around the 111.06 handle on the daily chart .

Good luck with your trading!
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出