Dolar A.S. / Yen JepunPanjang
USDYEN : STILL ACTIVE
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USDYEN TRADE STILL ACTIVE!!!!
We are still holding the USDYEN trade we posted last week & recent development is price consolidating just above the 108.50 near-term support level. Prices must clear the 108.90 resistance in order to activate another leg higher.
Traders make money by sitting , and not by trading (over-trading) & sitting is good when we have absolute stop placement available. Our stop is at the area that if taken , the whole idea of buying will be nullified.
Please check the linked post to see the actual trade idea and the reasons we took it!!!!!
We are still holding the USDYEN trade we posted last week & recent development is price consolidating just above the 108.50 near-term support level. Prices must clear the 108.90 resistance in order to activate another leg higher.
Traders make money by sitting , and not by trading (over-trading) & sitting is good when we have absolute stop placement available. Our stop is at the area that if taken , the whole idea of buying will be nullified.
Please check the linked post to see the actual trade idea and the reasons we took it!!!!!
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