The USD/JPY is in a strong uptrend on the daily chart which makes buying Double Stat Lows even safer and higher probability.

In this example the trade sets up at 8:35am EST as the market hits the average hourly low. During the next hour you want to buy the hour's stat low. It hits at 9:20am EST and you buy. The market shoots up 18 pips in a half an hour and 30 pips over the next few hours.

This was an even higher probability trade than normal as you can see the FX Multimap was losing weakness as the market was making lower lows!!



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