Today we take a look at an interesting trade setup in the Japanese Yen. Please note that the video is looking at USD/JPY in the spot forex markets and the possibility that USD/JPY may go up from here. Symbols like 6J in the futures markets trade inverse to USD/JPY so if USD/JPY goes up as described in the video then 6J would go down.
One Response to “Japanese Yen Trade Setup” Leave a reply ›
What a good lesson, and strenuous reminder that keeping your eye on the forest can help avoid getting lost in the trees.