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Weekly option trade USDJPY


Guest oilfxpro

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Guest oilfxpro

I would buy weekly 10900 calls  for 46.8.It is a support  trade.BTW I only trade Dax and Dow for maintaining my discipline.

 

Risk 46.8  

 

What do you think?

 

dollar index.jpgusd jpy option.jpgusd jpy.jpg

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Guest oilfxpro

Weekly options are 33 to buy 10900 calls.They expire tomorrow.

 

I used to find usdjpy rise when there was certainty of future rates increases from fed on fed days.

 

usd jpy.jpg

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Guest oilfxpro

I made a mistake , option closes today.I thought yesterday was Friday.This was to show mistakes make losing traders.

 

We humans make enough simple mistakes

 

Profit now  + 35

 

This trade is an example of how simple technical analysis makes money.Traders don't need complex analysis from people who don't trade.

 

K I S S 

 

https://community.ig.com/t5/General-Trading-Strategy/K-I-S-S-Keep-your-trading-so-simple-profitable/m-p/21225#M1333

 

usd jpy.jpg

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