Register for our weekly FREE webinars at http://www.PipsUniversity.com! Welcome everyone to the Forex trade signal today with USD/JPY! Dollar/Yen has been bullish for so long that is was time for it to start retracing some & last night it just did that and more. This is a 1 hour chart of USD/JPY we usually use a 4hr or daily chart, but this looks great for us. This is officially a downtrend so now all that we are doing is looking for selling opportunities! Forex Trade Signal Numbers: Entry Point - Right around 119.420 - 119.870 Stop loss - 120.130 This is over a 1:1 reward to risk ratio for us! Follow us on social media for all of our Forex Trading Education! Twitter.com/PipsUniversity Facebook.com/PipsUniversity Instagram.com/PipsUniversity Youtube.com/PipsUniversity (We are not liable for any wins or losses you have in the Forex market, this is strictly general market commentary!)
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Duration: 4m 33s
Rating: 16