What a Week Last week!
I didn't take a single trade. I was waiting for that EurGPB trade from last week.
That is ok, I am patient I don't need to trade every week.
I was also traveling all week last week.
While I was on the road I was checking in each day waiting for my setup to materialize.
I have the same plan this week so go back and review– Nothing has Changed.
New Trade Idea USDJPY.
There was a daily reversal its looking like a possible buy.
See Daily Chart Below:
If we break that blue zone on the daily chart I will buy and I will target the 152 area.
However there is a key resistance zone that could give it some trouble.
Look at the 2hr chart:
If we get a reversal from that resistance I will take a short trade. Look for a nice candlestick pattern.
On the other hand if we break above I will buy.
Please answer the survey and I will be tracking to make sure this newsletter is helping people become successful traders.
Your Trading Success,