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.