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Two USD/JPY spot trades, 8 or 9 binary opportunities

This article was originally contributed by the archived community member jxr. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team.

yen95

Mid to late morning US session – bottom, top & then bottom of Kumo are respected. Incentive break of Kumo & averages, pullback into averages for entry – good for about 10 ticks.

Morning Asian session – Incentive move through the averages & into the Kumo. Pullback into moving averages for entry – good for about 30 ticks.

Both entries would have made good short-term binary betting. Also there were 6 or 7 good binary spots during the US morning session Kumo action.