Price Action + News Trading: 297 Pips Profits on USD/JPY in Record Time!

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Last week, the BOJ surprised markets by holding off on more stimulus. But it also gave us a good chance to make some quick profits in the market.

To be more precise, it put 297 pips of profit right into our pockets.

Here is what led up to the trade, and the thought process behind it:

Source: http://www.bloomberg.com/news/articles/2016-04-28/boj-holds-off-on-more-stimulus-to-gauge-impact-of-negative-rate

 

 

 

 

Next week, in my free workshop, I will be sharing more about this trade and price action strategies, and why it is the only tool used by all professional traders worldwide.

[Last 3 intakes before we stop this course!] If you are new to trading, you can check out our 9-hour live online workshop (SkillsFuture credit-eligible), where we cover portfolio strategies for long-term investing, technical analysis and chart reading, how to create a trading plan, and hands-on practice to find trading opportunities. The next intake is on 25 and 26 March 2023, and there are only a few slots left.

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