USDJPY- 312 PIPS IN THE RUNNING JOURNEY FROM 108.74 TO 111.50's

Short below 108.98 for targets 108.75—108.78-------Target booked@108.83 (15 pips)
---Updated in FAILED FLAG PATTERN TURNED INTO PROFITABLE TRADE

Short below 109.30 for targets 109.05—109.08-------Target booked@109.08 (22 pips)
---Updated in “are you ready for the show” & Target achieved as “…22 pips..Bang On... perfect picture”.

Long Trade slightly above 108.74…which was crucial level as per update-“Big Picture” executed & updated in-“Read within the lines (Bang on for 108.74)—50 pips from 108.80 to 109.30…

Long Trade above 109.32….Booked@109.48 as per update-“Another buying opportunity above 109.32”….16 pips

Short Trade below 109.75 ….Booked@109.51 as per update-“Possible retracement on short term”……24 pips

Long Trade in 109.50’s & booked@109.75 as per update-“Bang on for 2nd leg up till 109.74 from 109.51’s”---15 pips only booked in between 109.55 to 109.74.

Short Trade@109.80’s & booked@109.41 as per update-“30-35 pips again”---30 pips

Long trade@109.30--109.35 & booked@110.40 as per udate-“50 % retracement zone 109.33(Hope so you bought)---110 pips

Long Trade@110.70--110.80’s for Target booked@111.10 as per update & comment-“110 pips ..Up…Up & Away”---30 pips.

Real Life Updates with Proper Risk Management…..helped me make 312 pips running profit…

Regards,
Abhishek H.Singh,CMT

Commento:

We have no confirmation of going shorts ...but we could be reaching top so one would be advised to stay long having cautious approach. Regards