Recent Posts

Swing Trade Idea on USDJPY

The US Congress Elections are in full force... as expected the USD gained prior to the event and during the elections, but this has allowed price action to create solid patterns across multiple pairs which indicated, at least to me, that the USD will weaken.

I'm in this trade since today and just added a new sell trade right at the top of the 3rd higher high. - A pattern I just LOVE trading.

It seems that we have a rising wedge on USDJPY's 4H chart and that means that the bears should be coming out to play.

I love combining fundamental events with technical analysis, it always made me the biggest returns.

I am looking to bank 180 pips on this setup while risking 40. - My risk/reward is good, if it works out of-course.

Here's the 4hour chart on USDJPY:

Not much more I can add in here, make sure you checkout my post about the US Congress Elections, just click here, I released it about 2 or 3 hours ago. (lost track of time)

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

Stay Connected

  • Black Facebook Icon
  • Black Twitter Icon
  • Black Instagram Icon
  • Black YouTube Icon

Member of Double D Ventures


Disclaimer: Any Advice or information on this website is general advice only. It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided by PipsMatter, or anyone associated with PipsMatter.


High-Risk Warning: Online trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of trading in forex, futures, commodities, cryptocurrencies, shares, and options and be willing to accept them in order to trade in these markets.


Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade or invest with borrowed money or money you cannot afford to lose.


Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.


Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

© 2016-2019

© PipsMatter Copyright