The JPY set up nicely after the US Unemployment figure was released.  The JPY has been making a series of lower highs and double-topped early in the UK session.   It traded in a fairly tight range awaiting the US news.  Once the news was out of the way, it set up nicely allowing us a 2:1 Reward to Risk entry to our Target 2.  Price re-tested the Asian session lows once before dropping to Target 2 where we exit the trade.


There were other nice trade setups too... so I hope everyone had a profitable and productive session.

Good luck with your trading!

Back tomorrow if we find a trade.

Michael  www.privateforexcoaching.com


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