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Video / 17 November 2017 at 8:33 GMT

Buy USDJPY at the bottom of the Wedge: Lambert

Clive Lambert - FuturesTechs
Clive Lambert of FuturesTechs explains why he is buying USDJPY. 

He is looking to buy at current levels around 112.55 and add on a move above 112.75. He works a stop below 112.20 and is looking for 113.50 initially, then 113.90 and 114.60, the latter being the recent high from November 6th. Finally, he has a bigger picture target at 115.60. 

Lambert explains the background to a selected trade every Friday on Trading Floor.

1y
inctrade inctrade
Hi Clive, what’s your opinion on GBPUSD. What are the resistance and supports you looking at? Thanks
1y
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
Hi, here's my report from this morning for GBPUSD.
1y
thompink thompink
Nice Usdjpy trade
1y
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
Here's the chart showing the "Failing Wedge".
1y
FadelSalem FadelSalem
Now, it is time to buy :)
1y
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
...because it's hit my stop... you're probably right!
1y
FadelSalem FadelSalem
Ha ha , you are talent sir but Market is crazy always. May be we need more patience :)
Have a wonderful weekend :)
1y
VOHRA VOHRA
111.955 hit
1y
VOHRA VOHRA
Now ?
1y
FadelSalem FadelSalem
Felt too sir :( Sorry
1y
FadelSalem FadelSalem
Gold gonna crazy today
1y
VOHRA VOHRA
Uj bought 111.998
Gold sell 1295
Let's see
1y
FadelSalem FadelSalem
Let's try ST 85
1y
VOHRA VOHRA
ST 85 ?

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