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CURRENT MARKET TREND: Down on 1/24/2020






Saturday, May 4, 2013

Very good chance of a trend change

There was a good chance that Fridays market action will precede a trend change. Will update after Mondays price action.

Wednesday, April 10, 2013

USD/JPY

I just sold this for 10 standard contracts (1M total) with a 195 pips SL up at 101.70 and a 854 pip take profit down at 91.21. The risk reward of this trade is 195 pips/ 854 pips = .22834. Monetarily it's risk/reward is $19,550/$85,605.