Sunday, May 5, 2013

USD/JPY TRADE SETUP 5/5/2013

obviously usd/jpy has a resistance in mind, we had to intentions of selling it either, our strategy is to locate were to expect possible price action, because there is periodic price cycle that we have observe, the market has short memory of price which it observe at all time frame 
position- we are placing a buy limit @ 97.11 when the market opens with 100.10 in view

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