Let me start by pointing out that I got the USD/JPY trade wrong. I traded what I saw and was unsuccessful this time but cut my losses and I’m out of that trade. Price action is actually now indicating a bullish move so I’m looking to get in on that over the coming days.
I have just created my first Forex video where I give detailed analysis for a position trade shorting AUD/USD. You can view the video here. I think you could very well learn something new by watching it and see how I view the markets.
I’ll be starting to post more of these videos and sharing the links to those videos here in the blog.
All the best,
James.