USD/JPY barriers: One down one to go
A large barrier at 109.75 has been knocked out so we can turn our attention to the next one at 110.00. This one will be even bigger I hear, but it seems inevitable that it too will be knocked out, maybe not on the first attempt though?
Cheap trade of the day; sell at 109.95 with 15 pip stop and 30 pip take-profit. Rinse and repeat.