How To Catch And Trade Forex Reversals Easily

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Markets reverse because of changing economic sentiment.

That's the easy part. Managing your entries/exits is what needs overall care.

Get consistency with this approach.
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USDJPY getting whacked on 50BPS cut.
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Consider trail stops on shorts around key moving average areas.

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Level two for shorts hit over night, second round of gains lockable. Take it.
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Labelled diagram:

Exited once at early Ma's, re-shorted and exited again.

Momentum is Risk Off this Morn and pulling USD up VS JPY.

Would hold off any new shorts until new highs beaten as per video.

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Moved higher as expected on Yen weakness.

BOJ seemingly happy for a further retracement. Do not think they will allow re-hits on highs. Defeats all previous objectives.

Space out entries.
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BOJ Sentiment to understand for Monday open:

No real forward guidance, but looking ahead it seems Q4 may bring a return back to normalisation (hiking) 25-50 BPS.

Does not seem that there is real concern on inflation and indeed normalisation at an extreme pace. Likely we may see drifts on Yen pairs temporarily before a continuation as mentioned in video (Global economies dropping rates, Japan hiking).
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Weakness into London not massively threatening -

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Early short zone reached (slap onto 20/40MA).

Leaving shorts further higher up on more retracement (potentially).

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Momentum with USD.

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Exit shorts for gains, see above ^

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No real impetus higher into Monday. Still subdued.

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Be careful on longs, JPY inflows as a safe haven are abundant.
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Risk On Environment (Rebound)

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Long side TGT reached. Keep an eye on JPY Sentiment out of BOJ. Dovish rhetoric coming in causing yen weakness.

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Kill all longs at TGT>

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Still no real kickback, would not be surprised if we drift to higher MA's.

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Momentum still supporting upside. Brace Pre News,

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Slowly Rising.

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Still room to go to upside. No need to slam in for any shorts.
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Key levels being reached (still low risk entries)

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Major USDJPY Directional Analysis Post Election

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