This thin volume usual December holiday trading is typical of volatlie moves within a larger range and same thing is happenning these days also. Things are becoming stretched too far. We are looking to short Dollar except yen.
Recommendation:
For today, we are LONG USD/JPY from 116.80 with SL now at 116.80 and Target 117.70. If stopped out for no profit we shall Long again at lower level.
The free trial has finished on last friday. Last week we captured 293 pips during free trial. I hope all of you also must have fared well.
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Happy Trading, Rupam