Right now am looking for the trade shown, however if the price begins to flag up slowly I will potentially take a more aggressive 15M entry -- if this is the case I will update below
Signal: Buy - 0.88585 Take Profit - 0.89265 Stop Loss - 0.87400
JPY/USD (J6 JPY Futures) - J6Z2017 December 2017 Contract Signal: Buy Limit 1 - 0.87400 Buy Limit 2 - 0.87000 Take Profit - 0.89000 Stop Loss - 0.85900
JPY/USD (JPY Futures) - J6Z2017 Signal: Buy - 0.88100 Take Profit - 0.89470 Stop Loss - 0.87600
1) Long term trend is up given by the 89 day sma over the 89 week sma. 2) Recent price action has created a great opportunity to trade with the trend! 3) Spike in volume. 4) Fractal momentum has reached a maximum to the negative. 5) Fractal acceleration has turned positive. One could buy the future contract or short the put option for a more conservative...
J6 Japanese Yen futures... neutral currently then long/bullish at $0.856. This represents support from 2007 and corresponds to resistance in DX DXY US Dollar Index.