Trade of the Year: Long USD/JPY – LVDTA

All Yen bears out there, this segment with James Helliwell, Head of Research at Lex Van Dam Trading Academy will surely cheer you up. On the other hand, Yen bulls need not lose heart as our guests explains a trade set up in USD/JPY that offers room for Yen bulls to make a comfortable/profitable exit before Yen slide resumes.

Helliwell suggests the trade of the year is Long USD/JPY pair around 96.00-97.00 for target of 107.00 levels. Note the entry point… it is at least 500 pips lower from the current level of 102.00, thus Yen bulls need not fear. Watch this segment to know the fundamental/technical rationale for the bullish Dollar-Yen trade.