Currency Trade: USDJPY H4 ( 8-12-12 )

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  • Currency Trade: USDJPY H4 ( 8-12-12 )

On 8th Dec 2012, we received a 5 timeframe buy opportunity for the USDJPY.

Below is the email alert received:

 

 

 

 

 

 

 

 

 

Below is the chart for this opportunity. The initial entry level is 82.98, with initial stop at 82.15 and a preserve mode at 83.73. If we reach our preserve mode target, it will be nearly 100% profits. If you are an aggressive breakout trader, you would take this trade. We are near to our preserve mode but we have tighten our stops already based on our high probability rule-based trading system.

 

 

 

 

 

 

 

 

 

 

If you would like to learn how to trade using high probability trading rules, go to www.ichimokutrade.com

EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose.