Usd Jpy Buy Or | Sell

He decided to cancel both pending orders. He would not guess. He would wait for the market to reveal its hand.

Kenji was a retail forex trader, and tonight was the night of the U.S. Federal Reserve's interest rate decision. usd jpy buy or sell

The glowing green digits of the monitor reflected in Kenji’s glasses. It was 3:00 AM in Tokyo. The room was silent except for the hum of his computer and the rain tapping against the window. He decided to cancel both pending orders

A giant green candle erupted on Kenji’s screen. The USD/JPY pair blasted through 155.50, then 156.00, moving too fast for human eyes to track the individual ticks. Kenji was a retail forex trader, and tonight

Kenji’s cursor hovered over the trading platform. He had two pending orders set.

Kenji didn't panic. He waited for the initial spike to cool. True to market nature, a few minutes later, profit-takers stepped in, and the price pulled back slightly to 155.80. Recognizing his moment, Kenji clicked .