FX.co ★ Tips for trading USD/JPY

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

After 6 trading days, quotes successfully dropped to the third target price level.

Congratulations to everyone who followed the strategy! The downward movement amounted to 4,500 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.