USDJPYHeading into another high impact news release out of Japan, the Balance of Trade, I took a short scalp of 10 pips hard TP with tight stop loss at this hour.
This scalp took about 10 minutes.
Nice to have a few easy ones in the books.
Now we sit on the sidelines and wait for price action after this news release to settle in.
Trade smart
Trade well
Trade closed: target reached
Nice downward pressure on the heels of BOT releaseNote
Dang, look at this flush. Asian market under pressure and USD/JPY continues the downward legs. Don't try to catch a falling knife.Note
JUST like that, in a split second, all the shorts wiped out with this pump to the upside
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.