LEARN TO TRADE THE YEN WITH INTER MARKET ANALYSIS
Hello Platinum Subscribers,
I hope you had a good week and as always here is our weekly round up with an update on how to trade the dollar-yen with Inter Market Analysis.
One of the most liquid currencies to trade in the forex market is the yen.
The USD/JPY can be traded round the clock but is most volatile in the new york session which starts around 1:30 GMT.
If you are new to trading and would like to learn to trade or use our Intermarket Analysis, then please read more about Learning how to trade on our forex blogs.
Trading the interest rate decisions can be very profitable if you follow the correct strategy. This week the Federal Open Market Committee lowered its benchmark funds rate by 25 basis points to a range of 1.5% to 1.75%. The Federal Reserve has also indicated it may pause rate cuts from here.
It may have taken time to play out, but after weeks of calling distribution finally the yen broke and crashed down +100 pips from our 109.30 Level.
Please watch the video to see our traders live in action and like, subscribe and share.
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THE PLATINUM WAY
At Platinum Trading Academy, United Kingdom, we teach all individuals from different walks of life to become a full-time trader or create a secondary revenue stream by trading part-time. We trade in an Institutional Way by letting the market come to us and being patient. Using Platinum’s Trading system you can take many Pips out of the market. We can ensure using this style of trading your trading will make a turnaround as you will become much more consistent.
If you want to trade like the professionals do, making consistently profitable returns from your trading, get in touch with us and we will demonstrate live exactly how we approach the markets.
Hopefully, you have enjoyed today’s article. Thanks for reading!
Have a fantastic day!
Live from the Platinum Trading Floor.