ALERT: CONSOLATION RANGE AREA- DON'T TRADE NOW!!
As you see Friday or 24th trading PA has been in a very tight consolation area on USDJPY 15 min chart. This is a TIME that you should NOT trade this pair, related to side ways narrow channel or PA having no direction, beside NEUTRAL.
*Wait for USDJPY to find a definite TREND, either BULLS or BEARS before trading this pair. Find another PAIR to trade. Look at RSI, it is also TREND LESS or NEUTRAL. This type of trading is Gambling not Trading with any sort of a system or strategy.
As you see Friday or 24th trading PA has been in a very tight consolation area on USDJPY 15 min chart. This is a TIME that you should NOT trade this pair, related to side ways narrow channel or PA having no direction, beside NEUTRAL.
*Wait for USDJPY to find a definite TREND, either BULLS or BEARS before trading this pair. Find another PAIR to trade. Look at RSI, it is also TREND LESS or NEUTRAL. This type of trading is Gambling not Trading with any sort of a system or strategy.