Posts Tagged by forex signal

USD/JPY Potential Trade Set-Up

July 24, 2009 Posted by admin under Day Trading Ideas, Swing Trading Ideas
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The pair has seen a nice run up over the last 24 hours, but is now starting to consolidate.  This sets up a high reward to risk trade. A break above 95.30 (+about 5 pips or so) will trigger a buy and an overall target of 160 pips, or 96.90. A break below 94.70 (-5…