USDJPY

Hi Libero,
I'm looking as well on Aud/Eur, it looks very similar from chart point of view imo,

Great Spot MadMaxx.

I like the set-up, and the macros seem to support it (Yen inflows, and Trump calling for more cuts on the USD rates!)

It's just the Yen is such a beast to trade!

I wish you the very best!

Bouncing of down trend line

10518 is a key level.

I'm more interested in shorting this on the break of this level. i think any rally at 10518 may be short lived imho.

If any of you folks are taking the long on.....i would say use guaranteed stops, as this move quickly and fast, and may result in some slippage if the trade was to go against you.

ATB,
Trendfriend.

My next entry is around 10518 on a first attempt basis.
Im going long there and with a 50 point stop. The price is still 200 points away but im only gonna trade this if it comes to my price and not before. So one to add to watch list .
I always put my trades up early so as people can see why i do it. Its not hindsight trading



dl.dropboxusercontent.com/u/4899609/jpy29thapril2016.png

My next entry is around 10518 on a first attempt basis.
Im going long there and with a 50 point stop. The price is still 200 points away but im only gonna trade this if it comes to my price and not before. So one to add to watch list .
I always put my trades up early so as people can see why i do it. Its not hindsight trading



dl.dropboxusercontent.com/u/4899609/jpy29thapril2016.png