MoneyMaliks
Long

USDJPY push to 108.570

FX:USDJPY   U.S. Dollar / Japanese Yen
Hi guys.

Hope all is well, my seventh published trade on Tradingview.com ( EURGBP IS complete with 100% accuracy and less than 0.2% drawdown. This can be found on my story on IG , below)

Taken a long on USDJPY because it's on its final stretch to a major trend line on the 4hrly/Daily time frame. Moving averages indicate that the 50 EMA has been respected throughout the majority of its journey up. A slow down of momentum I dont see happening, RSI is moving towards the 100% mark and I would like this to take out previous highs. Another small level of factors allow me to place this as a long position to 108.570

*Any change of views on this pair, I will advise in the comment section.*

Take profit is 60 pips
Stop loss is 35 pips

*As the day moves on, this pair should react faster. Some economic news to be released too that will affect this move*

Let the trade run, will keep you lot updated as time goes on.

*This is not financial advice*

Happy trading.
@Saifsofficial on IG
Comment: Guys, price hasn't moved that much due to the volume in the markets. Move stop loss to breakeven and hold over the weekend if you wish..!

Hope, everyone has benefited from my trades this week!
Follow me on Instagram @Saifsofficial
Great setups and follow up. Is there a channel where I can subscribe for alerts?
Reply
MoneyMaliks hiteshnagrani
@hiteshnagrani, Thank you, buddy. Unfortunately, I don't have any signals chat lol. Not a fan on them, I, however, do offer to mentor. Drop me a dm on Instagram.

@Saifsofficial
Reply
hiteshnagrani MoneyMaliks
@MoneyMaliks, thanks for the response. I was trying to subscribe to your ideas on tradingview which I have done now. The ideas are great and I also like to analyze ideas / signals and if that meets my strategy I open a position.
Reply
MoneyMaliks hiteshnagrani
@hiteshnagrani, Nice buddy.

:)
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Is it gonna be a long trade?
+1 Reply
MoneyMaliks tradingstonedd
@tradingstonedd, Long to the price above.
Reply
tradingstonedd MoneyMaliks
@MoneyMaliks, I took 3 position at 0.10
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MoneyMaliks tradingstonedd
@tradingstonedd, Cool man. Nice! I'm hoping you've got a balance over £1500 in that case.

Saif
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