Last Updated on Tuesday, 20 April 2010 09:03
Written by Ross Mullins
Tuesday, 20 April 2010 09:03
Trade posted to TAP at 9:28am ET. USDJPY Sell at 93.15 based on 4hr trend line test, 50% fib of previous down trend on 4 hour chart, Tunnel fib at 93.16 and historical supports. Looking for initial bounce back to 92.80 then a break of 92.75 back to 92.60 and longer back to 92.25.
USD/JPY Chart Picture
This entry was posted on Tuesday, April 20th, 2010 at 9:03 am and is filed under Trading Signals & Strategies.
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I have closed this trade with 1 pip. It has not met with the expectations. Will look for another opportunity.