Friday, August 26, 2016

Visual Trading Alerts USD/JPY 8-26-2016

Today in forex trading there was a visual alert to buy on the USD/JPY on our trading tool, The Forex Heatmap®. The live signal is shown below in the images along with today's price chart movement. The USD/JPY moved up strong, however the overall market is choppy, so we would scale out lots on any profitable entries. We do believe the USD/JPY could continue higher  on the H4 time frame but the upside target is unknown. The long term trend on this pair remains down on the H4 time frame.

Visual Trading Alerts USD/JPY
Visual Trading Alerts USD/JPY 8-26-2016

Visual Trading Alerts USD/JPY Chart
Visual Trading Alerts USD/JPY