After that I trade this par during this week, we see a very hard trade that USDJPY was into this indecision of market and very hard to trade in the consolidation. But not bad, but I closed up my short with only 11 pips earned, this week was hard as a lot manipulation and indecision in the Forex market.
But now, talking about my past anaysis,I was in long in USD/JPY on Monday, but in this trade I loss 3.98%. That for me, this was a manipulation day after that U.S. Private Sector of Household drop to 511k vs the forecast of 575k in this week. And also, after this trade, I was shorting from $137.10 JPY in the smart zone, but the price go back to up, indicating a support at $136.40 JPY, also I was in profit like 60 pips shorting Dollar, but remember that this par it's very volatile and one of the par very manipulated in Forex market. But I got 11 pips in profit, what today unfortunately I closed up my short position as we see a very indecision and consolidation forming in USD/JPY.
So, as I got 3.98% in loss and 11 pips equal 0.93% in profit, So, in total I had a loss of 3.05% in loss. But now. this it's very natural that this trade was into this consolidation when I had a right insight what I see the Dollar. But I don't going to be anger for it, but every review that I make in my Forex par it's to learn about my mistakes as part of my success, not always we win, we need to have understood to loss.
So guys, that it's all my information that I bring you this review, so, I don't going to trade USD/JPY until break up this level, because we forming a descending triangle as possible continuation of the trend that we must to hope.
But now, talking about my past anaysis,I was in long in USD/JPY on Monday, but in this trade I loss 3.98%. That for me, this was a manipulation day after that U.S. Private Sector of Household drop to 511k vs the forecast of 575k in this week. And also, after this trade, I was shorting from $137.10 JPY in the smart zone, but the price go back to up, indicating a support at $136.40 JPY, also I was in profit like 60 pips shorting Dollar, but remember that this par it's very volatile and one of the par very manipulated in Forex market. But I got 11 pips in profit, what today unfortunately I closed up my short position as we see a very indecision and consolidation forming in USD/JPY.
So, as I got 3.98% in loss and 11 pips equal 0.93% in profit, So, in total I had a loss of 3.05% in loss. But now. this it's very natural that this trade was into this consolidation when I had a right insight what I see the Dollar. But I don't going to be anger for it, but every review that I make in my Forex par it's to learn about my mistakes as part of my success, not always we win, we need to have understood to loss.
So guys, that it's all my information that I bring you this review, so, I don't going to trade USD/JPY until break up this level, because we forming a descending triangle as possible continuation of the trend that we must to hope.
