USDJPY

im long now and my stop is below 10781 , thats 200 points. But this is the jpy so fast moves is normal and big swings.

remo wrote: Possible 123 low formation ???
Ive got my order to go long above 10975 with stops below the 2 point if activated.

dl.dropboxusercontent.com/u/4899609/jpyusd.png

Free trade now


dl.dropboxusercontent.com/u/4899609/jpyusd22april2016.png

My stops activated and i made a nice profit.
This example shows why its important to have stops and protect your winnings.


dl.dropboxusercontent.com/u/4899609/jpy28thapril2016.png

My next entry is around 10518 on a first attempt basis.
Im going long there and with a 50 point stop. The price is still 200 points away but im only gonna trade this if it comes to my price and not before. So one to add to watch list .
I always put my trades up early so as people can see why i do it. Its not hindsight trading



dl.dropboxusercontent.com/u/4899609/jpy29thapril2016.png

My next entry is around 10518 on a first attempt basis.
Im going long there and with a 50 point stop. The price is still 200 points away but im only gonna trade this if it comes to my price and not before. So one to add to watch list .
I always put my trades up early so as people can see why i do it. Its not hindsight trading



dl.dropboxusercontent.com/u/4899609/jpy29thapril2016.png

10518 is a key level.

I'm more interested in shorting this on the break of this level. i think any rally at 10518 may be short lived imho.

If any of you folks are taking the long on.....i would say use guaranteed stops, as this move quickly and fast, and may result in some slippage if the trade was to go against you.

ATB,
Trendfriend.