Million
USDJPY: 50 Pips A Day TradeThis is a trade I am taking based on my own strategy, and so updating this journal and my website blog here and other places. Follow at your own risk
USDJPY LONG. Fibonacci set up.I believe that USDJPY is going to break retest the resistance above. Once a clear new support is found the next target will be the 107.947 level. I have found my target not only through structure, but also through using the fibonacci retracement tool.
Long on EUR/USD BUY BUY BUY !!!Reasons for
1.Price has been stuck in box range for a few weeks now
2. 1.08000 Level is a strong level of support as the past has shown
3. Price has put in a bullish hammer and a bullish engulfing
4 .Price also put in a sign of reversal with a tweezer bottom
5. All these signs signify a reversal and possibly momentum to the upside
