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May 25th(-25 pips)

5/25/2017

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Trade 1: Long USDJPY (-25 pips)

Returning to the trade of a couple of days ago with the same argument, I think USDJY may have met a medium term bottom and be heading towards as much as 116.  This trade does not target that number, more infrmation is needed to make such a bold call, but having recently made the advance and putting in a higher low which tends to confirm that an uptrend may be developing I am happy to enter long.  Will be spending time reviewing this weeks trades, a number have been taken for loss or small profit when the set up proved correct and went on to make significant gains.  We all know that it is not an exact science and that we can not be pip perfect however, the nature of the market is constantly changing and wemust adjust to those changes, increased volatility means a change is needed to stops and limits so i review constantly
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    Steve Tobin
    Husband, Father
    Maths Teacher, Trader

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RetiredearlyFX is a trading name of the investment company Bagehotsway.
We are not a regulated company but we only sell regulated products.
We are not authorised to give investment advice.

We believe all figures quoted to be accurate but past performance in no way guarantees future performance
Trading FX is high risk and not suitable for everyone.
  • Home
  • How it works
    • How to Make 100k with Forex
    • Plummer Wave Trading
    • Economic Surprise Index Methodology
    • Mathematical FX model
    • The Complete Plan
    • Invest
    • What is Social Trading?
    • FXTM
  • Info
    • The Trading Plan >
      • Trade Targets
      • Waves
      • What is a Plummer Wave?
      • Wave Trading
      • Forecasting the Market
      • Weekly Waves >
        • Cycles and the Indices
    • Education >
      • Positon Size and Risk
      • Beginners Corner >
        • New To Forex
        • How To Start Trading with $50
      • Top 10 Forex Websites
      • Economics >
        • Economic Surprise >
          • Economic surprise July
        • What drives Prices ?
      • Trading Needs
      • Points of Interest >
        • Facebook Wave analysis
        • Forecasting EURGBP
        • NZDUSD Long Forex Trade?
        • Gold A Technical Study
        • USDJPY Forecasts
    • Predictions Archive >
      • Forex Predictions May 2017
      • Free Forex Signals May
      • 24th April
      • US Stocks
      • USD Crosses Forex Prediction
      • European Stocks
      • Euro Crosses
      • ANZAC currencies
      • GBP Crosses
      • Asian Stocks
    • Members Area >
      • Trade History >
        • Journal Charts 2018
        • Journal Charts
    • Risk Disclosure
    • Project $100K >
      • Project 100k Archive >
        • Project 100K part 2
        • Project 100k Attempt 1 Review
        • Trade 1 Project 100k
        • Trade 2 Project 100k
        • Trade 3 Project 100K
        • Trade 4 project 100k
        • Trade 5 Project $100k
  • Trade Ideas
    • Trades Blog
    • economic blog
  • About
    • Company
    • Contact