TRUMP’s Week Update!

Forex Day Trading Forecast Update USDJPY for 24-05-2017

Looking great, everything moving very well. Depending if you already took the trade , great for you. If you did not , there’s another entry you can get at.

Let’s look at few entry points.

Depending what you decide to trade, it doesn’t really matter, because for most of pairs or instrument ,when something moving one way, all others move an opposite  or similar way direction.

How ever, for this one, you could look on those 3 pairs/instrument at the same time, and use it as “confirmation” for your entry point.

USD/JPY

2 entry, depending how you see it. Lower you take and lowers your risk would be. But at the same time, hire the risk you miss it. This it’s Risk/Reward equation.

10 years Note

Here , Short signal wasn’t easy to see. But now as there’s a clear direction, let’s wait for a pull back and use “dead cat bounce” pattern to take the short one.

US dollars Index

As expected , it happen and it’s great! But if you look at the 4h chart time frame, you could see a very clear entry point for this trade.

Personally I would recommend to use all of them, as a combination to take your continuation. for timing , wait for lunch time.

Thank you readers, comments or ask question if you have some.

We love to help with your trading success.

KV