March 11 - Today's USD/JPY Strategy
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Good morning, everyone.
Yesterday's USD/JPY wasreached up to 157.260 as mentioned in the articleand then rose further.
I publish my forecasts in an article every morning, so readers should be able to gauge their accuracy.
But this is not only for me; even top traders know this.
Once you understand this, you start wondering how long to wait...
...and you naturally figure out when to stop trading aimlessly, so there are no wasted trades.
Please make it a habit to check the Billionaire Trader line and its switching line.
USD/JPY 1-hour & 1-minute charts
Today’s development: the 1-minute chart is opening wide in blue squares.
If it declines, it will come into that range.
In the case of an upside move, it may make a pullback or not, but I think the development could aim for the mid-158s.
I plan to view with an 50-pip up/down range.
Tonight there are U.S. data releases: the Consumer Price Index.
The forecast is the same as last time, but results can move a lot depending on whether the outcome is good or bad.
There will be movement to some extent, so basically I want to aim for short-term contrarian trades against the direction of movement.
Please have a good day today as well.
For traders who absolutely want to succeed in trading, who want to make a living from trading, the technique I recommend—which you can learn on your own—is this:
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