Anatomy of my trade in the USDJPY (including entry signal)
A few weeks ago I asked you about the type of content that you’d like to see on my blog… and most of you suggested me to write more about entries and the reason behind them… so here I am writing this post…
Setup
Yesterday I told you why I thought it was a good idea to go long in the USDJPY. On the long term charts, the market just broke through an important resistance and it is likely to continue its way up…
So we are clear on the long term charts right? If not, please refer to yesterdays post.
My Trading Plan
So created my plan… I showed you this chart: