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GaliX

UJ Range Trade

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
GaliX Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
uj usdjp usdjpylong boj
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uj usdjp usdjpylong boj
Chart should be pretty clear.
Taking a Long from support here if it breaks down I don't want to be involved with the threat of the BoJ intervention which would blow out every stop.
Comment:
Entered the trade. Found a good entry.

S/L is already break even since the trend is so bearish. If this wasn't the bounce I am out. A breakdown could be quiet violent.
Comment:
stopped out at break even luckely. Not interested in a Yen pair for now.

I leave the battlefield to the brave traders and the BoJ. Good Luck :)
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