This is my first trade idea for 2010 and I hope it would be a profitable one.
My bias for this pair is on the long side but I wouldn’t mind taking advantage of retracements.  I already  shorted USDJPY at 92.17 and 92.5 which is within 61.8% and 78.6% range. Take a look at the chart [...]

My low stress trade was a fail but that doesn’t change my bias on USDJPY. I’m still long!
AB=CD on the monthly chart.

Entry on the 15-minute chart. Buy if the price closes above that blue line. It is important that you wait for the candle close. Target is at 90.75 and stop will be placed 5 pips below [...]

I’m calling a “low stress” buy trade on the USDJPY; We will be buying the breakout level at 88.3. Place your stop at 87.9, move stop to breakeven once it hits 89.5 or take your profits if you like.
Buy: 88.3
Stop: 87.9
Targets: 90/92.4/94
Trade opened at 88.44