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My Prediction about USDJPY, But I Could Be Wrong 

Last Updated: May 12, 2022

By Rayner Teo

Last week I made four predictions.

I predicted USDJPY would trade higher, with Gold Platinum and AUDNZD trading lower.

3 out of 4 came true.

But instead of tooting my own horn, I’m here to tell you this…

This is just a Prediction about USDJPY And AUDNZD, I could be wrong.

The fact that I could be wrong made me have a Stoploss in place, and to risk a fraction of my trading capital.

So in this week’s market analysis, I walk you through how I’m going to manage these trades and share with you 2 more trading setups for the week.

My Prediction about USDJPY:

I hope you’ve enjoyed this week’s market analysis. As always, comments are welcomed and encouraged. Cheers!

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    • Hi Antonix,

      1. You definitely need more screen time to trade the lower time frames. This would depend on how much time you have available and your goals in trading.

      2. I don’t use volume as an indicator.

      Rayner

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