There are many solid trends in place in the Forex markets at present time. Trending markets can be both the easiest and most profitable to trade. The reason for this is because there is a clear direction the market is moving in and it can simply be a case of jumping aboard and riding the waves for …
Price Action Charts in Focus
USDJPY long Trade Opportunity | Price Action Commentary | Johnathon Fox
The recent concentration on the USDJPY is going to continue for today as we look at where price has moved since our recent posts. In the latest posts we discussed the new higher highs and higher lows that this pair was making. This was making us inclined to look for long trades and price presented …
Time to Get Long on USDJPY | Price Action Commentary | Johnathon Fox
As we spoke about in this blog last week the USDJPY is in a very strong trend higher on both the daily and 4hr charts. We can see a series of higher low and higher highs. The best play in this market has been to look to trade with this trend from any retracements back lower. Price has now broken …