USDJPY not yet time for me to go long
The general trend for trend of the market is bullish still. Yesterday was un-usual as BOJ intervened. Fundamentally as i mentioned before the interest rate between the two favors USD long.
I have marked out some supply and demand areas of where I would look at for buys. I would not countertrend this as this would be against my rules but some would if u would look for price levels to scalp with and this is not a bad idea as well. But for me i would rather trend with the trend.
I have marked out some supply and demand areas of where I would look at for buys. I would not countertrend this as this would be against my rules but some would if u would look for price levels to scalp with and this is not a bad idea as well. But for me i would rather trend with the trend.
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