the USDJPY pair for today seems to be on bearish trend according to the red color of the Super trend which is my main indicator to determine the market direction.
Also the Nonlog dot is red colored which indicate a sell signal by the way.
Now the signals show a strong bearish trend and a sell trades can take a place as long as the signals remain the same.
For the stop loss area I think there are 2 ways to exit if the super trend changes its color to be green or if the price hits the resistance at the area of 107.45 which may mean that the bearish direction is over.
.


Thread: 

Thanks






Currently Active Users
Forex Forum India Statistics