Fayaz Sadik Sait 2.0 First View for the Day
Good Day to all of you.
I have a bullish view on Dollar Yen for now and I would initiate a Buy here at 113.73 with a stop at 113.49 and Target 114 l 114.15 and 114.35
BUY - USDJPY
Price - 113.73
Stop - 113.59
Target - 114 then 114.15 and 114.35
GMT - 5:31am
Risk takers could trail stop to entry on achieving target 1.
Update -
Time - GMT - 08:58 am
USDJPY is now at 113.97 and close to the first target of 114.I am looking to exit here and be happy with the 25 odd pips i pocketed. Risk takers can move stop to entry and run for larger profits.
For me the trade closes here and won't have any further update.
I shall be back again with another set up soon.
Fayaz Sadik Sait
Disclaimer
Trading in financial instruments is not for the weak hearted , Trading these instruments involves high level of risk and losses can exceed capital (depending on your FX Broker).My advises should be used as a medium to learn and not as a medium to get RICH.I dont have any formula for anyone to get RICH. I shall share no responsibility for anyone's profit or losses.Once again Trading is not for everyone.