Forex Trading | USD/JPY – Amazing Home Run with 711 pips Profit!

After getting out of this trade last together with the Synapse Network, I checked my trade records and realised what an awesome homerun it was with a whooping 711 pips profit!

The more uncanny thing was that when I look back this week, I realised that we got out near the exact high, because the USD/JPY has now corrected about 400 pips since we took profit!

Such precision timing with behavioral analysis. Next, we will be looking to long again once the pullback has ended. Stay tuned! 😀

On the downside, we got stopped out of our NZD/USD short trade with a 50 pip loss.

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About the author

Spencer Li is a trader, investor and entrepreneur who currently manages his own portfolio of stocks, REITs, currencies, cryptocurrencies, properties, and businesses. As a former professional in private equity and proprietary funds, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media. As an international speaker and avid globetrotter, he has travelled to over 50 countries to spread his knowledge.

 

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