This signal effective for June 5-6th 2014
Should price action for the USDJPY remain inside the 102.50 to 102.80 zone the following trade set-up is recommended:
Timeframe: H4
Recommendation: Short Position
Entry Level: Short Position @ 102.70
Take Profit Zone: 100.90 – 101.20
Stop Loss Level: 103.60
Should price action for the USDJPY breakdown below 102.50 the following trade set-up is recommended:
Timeframe: H4
Recommendation: Short Position
Entry Level: Short Position @ Retracements in the trend; sell orders during rallies
Take Profit Zone: 100.90 – 101.20
Stop Loss Level: 103.60
Should price action for the USDJPY breakout above 102.80 the following trade set-up is recommended:
Timeframe H4
Recommendation: Long Position
Entry Level: Long Position @ 103.00
Take Profit Zone: 103.90 – 104.10
Stop Loss Level: 102.50
One for all the world stage, the determination info of foreign currency and adventure.
Thursday, June 5, 2014
Should price action for the USDJPY -June 5-6th 2014
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Forex Signal
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