Today the JPY isn’t that unstable!?
I traded after Golden Week.
I kept a light watch in the morning.
That’s because before GW there were rumors of currency intervention, and the yen showed instability.
Since there didn’t seem to be any big movement, I stayed cautious and looked for trading opportunities on the JPY straight while keeping an eye on things.
As for USD, based on the MA shape the market looked undecided and it seemed unlikely to gain decisive momentum in either direction.
I kept USD straight movements to a glance and focused today on JPY-strong currency pair charts.
As a result, all three entries moved as anticipated and I firmly locked in profits.
USDJPY⇒ 13 pips gained
EURJPY⇒ 12 pips gained
GBPJPY⇒ 15 pips gained
All were closed with profit without any drama.
It followed the method, but a few tips were necessary.
If you move once in the opposite direction to the target direction, and ride the strong rebound when it comes back, you can trade with a nice unrealized gain..
▼ Used method ▼
https://www.gogojungle.co.jp/tools/ebooks/50044?via=toppage_timelines
▼ Special interview ▼
