U.S. Dollar / Japanese Yen
Short
Updated

NNFX USDJPY Short Continuation

299
Entered 1% Position on USDJPY Short
Settings:
50% Scale Out at 1xTP
USD News Friday NFP secure position.

Commentary:
First trade back after a break due to burn out. Excited to be back in the markets trading Judge Fortress Algorithm signals. Double excited to begin a new chapter sharing this trade setup journal with the public and build on NNFX Advanced Tactics for Live Trading!

Trade closed: stop reached
Trade Closed as a 0.75% Loss - News driven candles, unexpected Trump Speech.

In hindsight, the day closed with JPY driving the bus, hard in the other direction off the back of the BOJ forecasted interest rate decision of remaining on hold.

Suspect a big bank move in this case and will need to be more cautious on JPY interest rates moving forward.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.