USDJPY: Time to fade the yen here
Updated
We can look to enter longs against the Yen (pick your favorite cross pair). I suppose we'll see a wave of leveraging, as equities rally with the oil spark and Fed inaction until year end.
Good luck!
Ivan Labrie.
Good luck!
Ivan Labrie.
Comment
We broke the Jackson Hole resistance, need to go over 101.61 asap.Trade closed manually
The BOJ resistance held. I closed at 101.485 for now.Trade active
Broke the resistance strongly, we can reenter longs with stops under today's low.Comment
Nice move, first trade here was good before we got out, and the reentry is in profit now too. Hold!Comment
Breaking Sept. 21st high, we could see 110 hit.Comment
Closed half of the long here:Comment
Moved stop to entry price. Forget this trade exists gentlemen.Comment
I'm buying gradually on dips to add.Keep a wide stop, 260-300 pips and risk a total of 2%.
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