Wishing every body a Happy and Prosperous New Year 2018
This is my first trade of the year 2018. This trade has been taken with a couple of days view in mind. It has an element of Technical as well as Personal view attached to it. I did rather say bit more of Personal view.
I went long 500,000 USDJPY at 112.287 with a Stop Loss (SL) at 112.00 and a Take Profit (TP) at 112.75. I studied the daily charts, found its time for the pair to move towards 112.75 or even higher.
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