20190528 (Tue) USD/JPY Scenario Commentary

The USD/JPY scenario is the same as yesterday.

If you haven't read it yet, click here →【Free】20190527 (Mon) USD/JPY Front-Running Scenario

Yesterday, it reached the scenario line, but since it was strong, I skipped it.

Around the red circle. It moved up through the line as is.

It rode on the scenario line and is working. It has completely ridden it.

There are also cases like this, so I do not recommend placing limit orders on the scenario line.

It is common for the line to be broken.

You cannot predict in advance which line will rebound.

You need to observe the movement at that time and make a decision after confirming the facts.

Also, the "basic trading rules" written in the FX members blog, etc.

It means entering after the scenario line is reached and other conditions are met.

Rather than entering with the assumption of a rebound at this line (placing a limit order with the assumption of a rebound in advance), you should enter after confirming the facts.

Past article link collection ↓

https://www.gogojungle.co.jp/finance/navi/699/11076