This is a trade I would have been in on Friday, were in not for my 'no trades over the weekend' rule. This is a position trade based on the bullish engulfing candle as seen within a daily demand zone. This supports the trade as a key confluence in line with my swing trading strategy.
Looking to play back up the first wick range. **NOTE *** I have taken this trade in the futures market by shorting 6J (Yen Futures), rather than going long USD/JPY - exactly the same trade, just used a different product!
Looking to play back up the first wick range. **NOTE *** I have taken this trade in the futures market by shorting 6J (Yen Futures), rather than going long USD/JPY - exactly the same trade, just used a different product!