FX.co ★ Tips for trading USD/JPY

The trading plan for USD/JPY indicated a decrease in prices.

After 5 trading days, quotes dropped to one of the target price levels.

Congratulations to everyone who followed the strategy! The downward movement amounted to as much as 3,000 pips. Traders should close short positions to gain profit.

The trading idea followed the framework of the "Price Action" and "Stop Hunting" strategies.

Good luck in trading and don't forget to control the risks! Have a nice day.