USDJPY, DAY CHART, LONG (11-DEC-2016)

11 gru 2016

Note:
USD/JPY has the strongest bullish trend.
Now, we see it breaks the resistance zone.

Now we have 2 ways to trade it.
1. Wait it pull back to Resistance Zone and wait
for another bullish bar to long (right lot size)

2. Wait it pull back to either 20-EMA in H4 chart
or H1 chart to long (smaller risk)

15 gru 2016

Uwaga

USD/JPY flying high as per expected.
Wait for Pullback to long :)

15 gru 2016

Zlecenie aktywne

Zoom into H1 Chart, we can see a price pullback to 20-EMA and followed by a bullish signal bar.

Decided to long with little amount
EP: 118.271
SL: 114.884
TP: 121.632

16 gru 2016

Zlecenie zamknięto ręcznie

We are still bullish on this trade.

But we decided to close this trade early as we don't want to carry trade over the weekend.