-SL @ 151.95 🚫
SLO @ 147.00 ⏳
TP1 @ 143.60 (shaving 25%)
TP2 @ 139.60 (shaving 25%)
TP3 @ 136.70 (shaving 25%)
TP4 @ 132.20 (shaving 25%)
TP5 @ 129.60 (closing ALL Sell Orders)
BLO @ 128.50 (1D) ⏳
-SL @ 127.22 🚫
NOTES:
✨TECHNICAL ANALYSIS
— As anticipated, the USDJPY tanked 3.87% from the previous close.
— The pair is currently in a UT retracement
— The conservative option is to wait for our SLO @ 147.00
— The aggressive option is to place MO Long up to our SLO
— Use a trailing stop
✨FUNDAMENTAL ANALYSIS
The USDJPY is a popular currency pair to trade because it is considered to be a safe haven currency. This means that investors tend to buy USDJPY when they are worried about the global economy.
The Japanese yen is also considered to be a currency that is sensitive to interest rate differentials. This means that the USDJPY tends to rise when interest rates are higher in the United States than in Japan.
SLO @ 147.00 ⏳
TP1 @ 143.60 (shaving 25%)
TP2 @ 139.60 (shaving 25%)
TP3 @ 136.70 (shaving 25%)
TP4 @ 132.20 (shaving 25%)
TP5 @ 129.60 (closing ALL Sell Orders)
BLO @ 128.50 (1D) ⏳
-SL @ 127.22 🚫
NOTES:
✨TECHNICAL ANALYSIS
— As anticipated, the USDJPY tanked 3.87% from the previous close.
— The pair is currently in a UT retracement
— The conservative option is to wait for our SLO @ 147.00
— The aggressive option is to place MO Long up to our SLO
— Use a trailing stop
✨FUNDAMENTAL ANALYSIS
The USDJPY is a popular currency pair to trade because it is considered to be a safe haven currency. This means that investors tend to buy USDJPY when they are worried about the global economy.
The Japanese yen is also considered to be a currency that is sensitive to interest rate differentials. This means that the USDJPY tends to rise when interest rates are higher in the United States than in Japan.
Professor C. E. Ward
