USDJPY Long

By aiza_belle
Updated
With the bullish confirmation candle appearing in the daily chart today, I'm gonna take advantage of the consolidating USD and go long in USDJPY after the ADP Employment Change news today at 8:30PM (GMT+8), with TPs at R1 and R2 pivot lines in the current period, and SL between S1 and base pivot lines and manually close the open trades if they don't hit the TP or SL before the NFP news this Friday.

cnbc.com/2017/07/31/the-worlds-third-largest-economy-may-be-derailed-by-a-rising-political-crisis.html

dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2017/08/02/US-Dollar-May-Rise-if-ADP-Data-Fed-Comments-Boost-Rate-Hike-Bets.html?DFXfeeds=forex:fundamental:daily_briefing:session_briefing:euro_open

reuters.com/article/us-usa-economy-construction-idUSKBN1AH4HK


Daily:
snapshot

Weekly:
snapshot

Confidence: B (any news about Trump and health bill, especially with the mixed bag in its recent manufacturing PMI, makes USD pairs volatile)
Trade closed manually
Closing all USD pairs open before NFP news later. Will setup a revised buy stop order next week.
Beyond Technical AnalysisBullish PatternsTechnical IndicatorsjpyLONGTrend AnalysisUSDUSDJPY
aiza_belle

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