Curreny/Ichimoku: NZDJPY 6-4-07: Trade Update

The Currency pair NZDJPY for the Forex market has worked out very well so far. The trade is almost free too. The Stop is only 15 PIP away from our Stop and the Kijun Sen is very health.
Here is the chart:
nzdjpy_6_4_07__daily2.png
Notice, we have placed the price targets now. No history for this currency pair is available since we are at all time high. Here, we will look solely on Harmonic Analyzer for Fib values. Below is the HA chart on this currency pair.nzdjpy_a0-fx_6_4_ha.jpg
For 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 provide d on the Blog is for educational purpose .

About the Author Manesh Patel