USDJPY-- Are you ready for the show(Fall to 109.01--109.08)

19 Nis 2016

Pair has almost completed its another up leg in the zone 109.40--109.45.. Momentum Indicators are slowing down so let us be ready for the fall in the zone 109.01--109.08 where the current rally from 109.789 to 109.44 gives 61.8% retracement & possible support zone.
This fall(if happens as expected) could be picture to be framed. Let us wait & watch. Trade with care.
Current Price-109.370 (IST-15:30 Hrs)

19 Nis 2016

Not

current rally from 108.789 to 109.44 is almost done

19 Nis 2016

İşlem aktif

Safe Traders can go short once pair goes below 109.30 ....for target zone 109.01--109.08. Regards

19 Nis 2016

İşlem aktif

Risky Traders who are short@109.40's should keep stop not more than 10 pips which will be 109.50 because pair is in buying mode & we are trading retracement ...logically we should trade longs only or to be safe trade below 109.30

19 Nis 2016

İşlem aktif

The pair is holding itself....as if something is going to happen soon...& very fast could crash 30 pips straight...I don't know but I am holding short with stop@109.50's...
Regards

19 Nis 2016

İşlem elle kapatılmış

Exit the Trade

19 Nis 2016

Not

Risky Traders ...book small loss@109.45--109.47...who ever taken short@109.40 &Trade short only below 109.30 else pair could explode on upside if moves above 109.50's

19 Nis 2016

İşlem aktif

Safe Traders we are short below 109.30...Trail your Stop loss@109.38 for Revised Targets-109.18--109.20 & 109.05--109.08

19 Nis 2016

İşlem kapandı: hedefe ulaştı

Safe Traders Pair kissed very close to 109.05--109.08.....Bang On 22 pips...As per earlier update we were looking for 61.8% retracement to join bull camp...look what happened ....Isn't that amazing we were making money on both the sides...