Home » Daily Trading Signals » daily USD/JPY, the drop that followed was really nice

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  1. (15:00 EU time) i saw a downtrend both on the daily and 5m charts, the Michigan stats were coming in about an hour (16:00) so i shorted the pair at one of the many lower highs in order to (hopefully) have an healthy margin before the news, at 15:58 a stop loss was set a few pips under the position, the ideal targets were 109.5, 109.0, 108.5 but I took profit at 109.7 because I’m dumb

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