The Japanese Yen Short Trade is Still Looking Good and It’s Moving Lower Towards the Second Profit Objective

Alright, the US Dollar / Japanese Yen FOREX currency pair short trade is still looking good and moving lower towards the second profit objective of 77.15. As of this writing (taping of the video) the Yen is trading at 77.82. If you recall I moved my initial stop down to breakeven at a price of 78.46…now I’m going to go ahead and move it lower down to 78.25 so I can lock in another 21 pips on the remaining 40% of my position. In this video I also briefly discuss the daily E-Mini futures and talk about logical support levels in case the market starts pulling back. Have a great day and I hope this helps you in your own trading.

 

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About the Author Brian Keith

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