/J6 -- Bearish Trade on 15MRight now am looking for the trade shown, however if the price begins to flag up slowly I will potentially take a more aggressive 15M entry -- if this is the case I will update below
J6
JPY/USD (JPY Futures) - Buy 0.88585 (Target 0.89265)Signal:
Buy - 0.88585
Take Profit - 0.89265
Stop Loss - 0.87400
JPY/USD (J6 JPY Futures) Buy Limit 0.87400, 0.87000 -Target 0.89JPY/USD (J6 JPY Futures) - J6Z2017
December 2017 Contract
Signal:
Buy Limit 1 - 0.87400
Buy Limit 2 - 0.87000
Take Profit - 0.89000
Stop Loss - 0.85900
JPY/USD (JPY Futures J6Z2017) | Buy 0.88100 (Target 0.89470)JPY/USD (JPY Futures) - J6Z2017
Signal:
Buy - 0.88100
Take Profit - 0.89470
Stop Loss - 0.87600
***Long Opp***1) Long term trend is up given by the 89 day sma over the 89 week sma.
2) Recent price action has created a great opportunity to trade with the trend!
3) Spike in volume.
4) Fractal momentum has reached a maximum to the negative.
5) Fractal acceleration has turned positive.
One could buy the future contract or short the put option for a more conservative approach.
Trading futures and derivatives involves serious risk of financial loss and may not be suitable for all investors.
J6 USDJPYJ6 Japanese Yen futures... neutral currently then long/bullish at $0.856. This represents support from 2007 and corresponds to resistance in DX DXY US Dollar Index.
