$USDJPY Waiting to break the triangle in daily chart

[hasanalali]

$USDJPY Waiting to break the triangle in daily chart.

@CFDs_Trader

 

[Abdul2012]

Great job man , and good analysis.

 

[hasanalali]

Great job man , and good analysis.

thanks man

 

[fxmade2trade]

me toooooo!!

 

[hasanalali]

Usd/jpy weekly

Where will be the Japanese central bank intervention and what the next level of price

@CFDs_Trader:clover:

 

[Forexmospherian]

Hi Hasanalali

Please don't tell me you wait weeks and months to trade these set ups?

With the holidays etc - its even slow on the tick chart and one minute - weekly and monthly charts are for fortune tellers ;-)

Think about it - if you are looking for say 200 -500 pips targets and need a 150 -200 pip stop - you could be waiting weeks and even months for an RR of 2 or 3 trade. Intraday trading i expect one of them certainly under 60 mins.

If however you do intraday and then P & P off the long term - thats OK - then it's complimenting your bread and butter

Good Trading and GL

Regards


F

 

[hasanalali]

You are A hundred percent right. This graph just to watch only