I would probably come in around 106.73-77 and see where it went. I like entering right when it hits the second line. The arrow has come on, the sto blue has crossed the sto white and both are above the gold. 106.85-95 would be good short term profit spots. I would be afraid that the YEN is showing some reversal on the higher charts. The highs are getting lower but this would be a good place to enter according to my rules. If the yen is in reversal I would be out at 106.65-70 and not be patient with it.
I see price went up to 106.84 quickly so it would have been a quick 7-10 points depending on your entrance. If you want to play for more you could but dont let the winner turn into a loser. This trade is now in profit pic.
I see price went up to 106.84 quickly so it would have been a quick 7-10 points depending on your entrance. If you want to play for more you could but dont let the winner turn into a loser. This trade is now in profit pic.