Today's Asian session ended with a pretty massive bearish move across all JPY pairs. It wasn't any news.
It was pure market action, with many traders closing out their JPY BUY positions in these pairs, as seen below.
The great thing about these massive volume trends is that they work across all pairs of the currency involved.
There was no drawdown at all as all the pairs went down and we could have used a tight stop on the last high of the M5.
The summed profit of this two-hours trend was: 0 (BE) + 35 + 60 + 30 + 35 + 40 + 50 = 250 Pips!
This combined with a high-lot size due to the tight stops is A LOT of money.
Conclusion: The market insight that FX Volume provides is priceless, but we are bringing it right to your charts!
For more information on the tools and rules we use to trade, please visit our Stein Investments home page https://www.mql5.com/en/blogs/post/755375
