USD/JPY Daily Price Forecast – 1st July 2024

USD/JPY Daily Price Forecast – 1st July 2024

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USD/JPY Daily Price Forecast – 1st July 2024
USD/JPY Daily Price Forecast – 1st July 2024

Trade Summary:

USDJPY
Buy Stop @ 161.507
TP @ 161.120
SL @ 160.167

Recommended Lot Size

Trading is all about statistics.

While we can experience winning streaks, we can also suffer from losing streaks.

As such, we should always size each trade to withstand losing streaks (if any).

It’s widely recommended that you should not risk more than 2% of your capital for each trade.

We believe it’s easier to control your lot size by limiting your lot sizing to 0.01 for every $500 in your account.

So if you have $5000, then risk no more than 0.10 lot size per trade.

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If you spot a mistake especially when it comes to the price, please use common sense and check the chart.

We wish you good luck and good profit for this trade idea.

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See also  EURUSD Weekly Forex Forecast - 12th to 16th Mar 2018

 

 

 

 

 

 

 

 

 


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