USD/JPY Short with little Risk.

21 Dis 2015

Short USD/JPY @ Market Price 121.33.
Stop Loss @ 121.55
Take Profit @ 120.4 and 119.3

Good Risk Reward deal...

21 Dis 2015

Nota

It is now below Rate Hike Spike 121.35 and now rate hike spike low is acting as resistance... weekly candle suggest uj can go for 119.3

23 Dis 2015

Nota

Stop Loss now at Breakeven. 121.33

30 Dis 2015

Nota

UJ hit 1st target and now in mood to rebound.. but struggling below 4hr 20 ema.. if uj will close 4hr candle above 20 ema.. then it will go for 121..