USDJPY breaks down
In a big move, USDJPY plummeted hundred of pips as the new year began. The reasons are many but primarily attributed to Apple poor results and China - Taiwan tensions. As you know we have been negative USDJPY for some time and the fxcot system has been traded USDJPY short as shown below.
The weekly USDJPY charts show a unique pattern. The pair plummeted to 106. below the 2.5 lower bollinger band of the 100 WMA. That is a rare event. Last time, USDJPY fell to the lower band was April 2016.
The trade copier activated the VOLATILITY BREAKOUT system today morning as USDJPY flowed down below 108. The trade was taken at 107.71 and the trade continued to cruise down. The final target at 106.8 was hit clean. But on the way, there were many partial closures starting from 107.56. As you know the system uses lots of partial closures and trailing stops to manage risk. The speciality of the system is its stop management. Trading is all about risk and stops.
The system is doing very well. The 2019 has begun brilliantly for this system. The system uses four different methods to make money. They are described in the strategy page.
THIS IS THE ONLY SYSTEM IN THE WORLD WHICH HAS THE POTENTIAL TO MAKE YOU MILLIONAIRE FROM A FEW THOUSAND DOLLARS. THIS TURNED 20K INTO 15.75 MILLION IN 8 YEARS FROM 2010. FULL STATEMENT OF TRADERS AVAILABLE TO VIEW.
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