U.S. Dollar / Japanese Yen
Long
Updated

USDJPY Post CPI

1022
Hey Traders,

So after shorting in stages and grabbing many gains we can look to flip our bias.

This is similar amongst various Yen Pairs and is just a natural occurance.

Labelled is key support circling with Key MA's.

A great cocktail to drink.

Trade small and do not overleverage.
Note
Light longs becoming appropriate
Note
Exit for minor gains.
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Exit any longs look further for falls (but not short)
Note
Gains taken and great long entry. Far higher move required for RE shorts. Only re long below prev low.
Note
NOTE how market is stumbling. No strong upside impetus due to local PA (resistance)
Note
Longs only under PREV low and shorts only far higher.
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Light Longs only on slightly further fall (use lower TFs)
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Out all longs for gains. Flipping light short.
Note
Only adding short again much higher at next PA level.

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