www.tradingwithrayner.com
I had a loss on USDJPY earlier this week. The next thing I asked myself is where can I get back in?
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I had a loss on USDJPY earlier this week. The next thing I asked myself is where can I get back in?
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: https://www.youtube.com/tradingwithrayner
what kind broker are you using bro rayner?
Rayner , just curious , are you a full time trader ?
nice sharing, look forward to more of your opinion… USDJPY did not make higher high on Monday trade, are we looking at a start of a reversal/consolidation, how do we trade from here… thanks
lower low and lower high has been established for USDJPY
You explained how the trend should have a shallow retracement followed by an impulse move, the more recent price action for the USDJPY is having larger retracement and the impulse leg isn't pushing as high, therefore I believe the trend is running out of steam, and maybe taking some profits off at current level is not a bad idea. As usual great video! Thanks!