FX:USDJPY   U.S. Dollar / Japanese Yen
I was hoping to go short to the trendline on this pair yesterday but the setup I wanted didn't happen. However, I'm now looking to go long on this pair upon confirmation, when it reaches my buy zone. I will be very careful with this trade as NFP is tomorrow, so any change in the structure I'm looking for will mean I will no longer be looking for a long.

Trade safe and good luck!
Comment: Price has now entered the buy zone. I will wait for confirmation on the lower TF’s before going long.
Trade active: I have now gone long.
Comment: I have moved my SL to EP as I am being very cautious with this trade due to NFP later.
Trade closed: stop reached: My SL at EP has been hit, risk free :)
Comment: There may still be a buy opportunity on this pair, watch out next week for my analysis.
Watch the massive news tomorrow! I'd wait to enter till after...may even find a better entry? -Happy Trading
Reply
masumhussain MattArmstrong
@ForexMatt, Yes for sure my friend. I'm always cautious with NFP.
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