USDJPY: In case there was any doubt...

I have been posting about how bullish the USDJPY pair is, and how this aligns with inflows coming to the US, from foreign countries, ergo, deleveraging phase from August 2015 is done and we can resume the uptrend here, and possibly in equities.
You should be long, if not in, you may jump in right here, risking 1-3 average ranges down, or a drop under the invalidation level on chart.

Good luck,

Ivan Labrie.

ความคิดเห็น:

Great progress right off the bat as expected, when European investors joined the fray.

ความคิดเห็น:

No heat whatsoever if you took the long when I posted here.
If you joined me earlier, you're well in the money too.

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Luckily stopped for almost no loss. (had moved stop up)

การซื้อขายยังคงดำเนินอยู่:

I bought back today at 103.1, and back up already.

ความคิดเห็น:

Closing here is a good idea. If not, close partially and move stop to entry.
Alternatively, you can trail stops under the previous day low until you're taken out, or using a 10 period moving average of the lows.

ความคิดเห็น:

(Price hit the 252 period SMA and is close to the original weekly target at 110.14)

ความคิดเห็น:

Weekly target hit, let's watch it. It might stall or start a pullback soon.