USDJPY (L) 2017.01.05

5 בינו׳ 2017

Long entry on break through resistance of 5 min chart. Very short term position to take advantage of bullish pullback. USDJPY seems to be getting over extended, but still very risky considering news which weakened USD. Broke over 20 & 50 SMA on 5 min chart. SL at 115.2, will move to BE quicker than usual due to risk of bearish movement

5 בינו׳ 2017

עסקה סגורה: הגיע לסטופ

Well, I said it was short term! Stopped out with 15 pip loss when it continued bearish trend.