FX.co ★ Trading tips for USD/JPY

The previous trading plan in USD/JPY talked about increasing the price of the pair, which is exactly what happened on Friday, after the US released better-than-expected data on the labor market.

Plan:

Development:

Congratulations to those who followed the strategy! The pair moved by as much as 4,000 pips.

Traders can now close their positions for profit.

The plan presented earlier is based on the "grid trading method".

Good luck and have a nice day! Don't forget to control the risks.