A long setup with limited risk

Here's a setup for a U/C long with multiple reasons for support to trade off of with limited risk of 50 pips. Adjust position size according to your tolerance. Watch for signs of bullishness on a lower time frame and risk below the Central Pivot cluster is one way to trade this setup. The "00" also could be an interesting zone to pay attention to if we go down there. If buying of the JPY's comes into the market C/J is on weekly central pivot resistance with an OB stoch and could be an inverse pair to trade with this one.

One thought on “U/C Possible Opportunuity 6-30-16”

  1. Keith C says:

    James, thanks for the tip on C/J as an inverse pair. I had not thought of that.
    There should be some nice moves in these pairs with oil on the move the past 2 wks.

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