USDJPY Post CPI

12 Jul 2023

Hey Traders,

So after shorting in stages and grabbing many gains we can look to flip our bias.

This is similar amongst various Yen Pairs and is just a natural occurance.

Labelled is key support circling with Key MA's.

A great cocktail to drink.

Trade small and do not overleverage.

12 Jul 2023

Catatan

Light longs becoming appropriate

13 Jul 2023

Catatan

Exit for minor gains.

14 Jul 2023

Catatan

Exit any longs look further for falls (but not short)

17 Jul 2023

Catatan

Gains taken and great long entry. Far higher move required for RE shorts. Only re long below prev low.

18 Jul 2023

Catatan

NOTE how market is stumbling. No strong upside impetus due to local PA (resistance)

18 Jul 2023

Catatan

Longs only under PREV low and shorts only far higher.

20 Jul 2023

Catatan

Light Longs only on slightly further fall (use lower TFs)

21 Jul 2023

Catatan

Out all longs for gains. Flipping light short.

24 Jul 2023

Catatan

Only adding short again much higher at next PA level.