USDJPY

Chart courtesy of Metastock. Data provided by Quote Center.

I had an email yesterday asking how my mechanical trading solutions work. Well I can't explain online how my emotion free solutions work as it is not so easy to do with text but I decided to show one of them and this is actually the easiest one.

The above chart is the USDJPY daily chart and based on this strategy I have been short for nearly two weeks.

The best way to trade is use mechanical trading which will be the main way to cut out the greed and fear element from your trading.

I am short the USDJPY and AUDUSD (with a tight stop).

Good luck today.