Add : Shorted on the 5 Minutes Time Frame, but time frame too small to publish on tradingview, so, I posted on the 15 Minutes Time Frame instead.
1648SGT
04042025
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Trump Tariff caused USD to get dumped yesterday.
US stocks also got dumped for 6 to 7 weeks consecutively.
If you look at the Daily time frame you would see the big red candle on USDJPY's dump.
I was looking at opportunities on all JPY pairs, and I took a liking to USDJPY because I am expecting USD to continue to get dumped.
Shorting the resistance level.
If you look at price on the 1H or 4H time frame, you would realise price is in a consolidation towards the down side, and I like that.
NFP and unemployment rate news coming out later in the day. in about 4 hours time. Current time is 1647SGT.
Might exit before the news got released.
1647SGT 04042025
1648SGT
04042025
---
Trump Tariff caused USD to get dumped yesterday.
US stocks also got dumped for 6 to 7 weeks consecutively.
If you look at the Daily time frame you would see the big red candle on USDJPY's dump.
I was looking at opportunities on all JPY pairs, and I took a liking to USDJPY because I am expecting USD to continue to get dumped.
Shorting the resistance level.
If you look at price on the 1H or 4H time frame, you would realise price is in a consolidation towards the down side, and I like that.
NFP and unemployment rate news coming out later in the day. in about 4 hours time. Current time is 1647SGT.
Might exit before the news got released.
1647SGT 04042025
Trade active
Went out to buy butter and strawberry because I am going to make banana cake later in the evening, and my brother wants to make strawberry cake.Walking away from the chart for 15 Minutes does wonders to my mind.
Price is currently +1.4R in profit, I shifted the SL to breakeven on both my tradingview and oanda mt4 account.
Both of the accounts are paper trading accounts.
Going for +2R. MIght close the trade out if price ranges or volume slows down later.
1818SGT
04042025
Trade closed: target reached
+2R profit.Forgot to add that if the trade hits my BE, then so be it cos at least I didn't lose.
But TP got triggered.
Now I have done the second trade in April, I'll be taking a chill pill because I have to.
1821SGT 04042025
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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.