USDJPY SHORT - A very simple trade idea
Trade war = weak USD, YEN is a safehaven currency.
ABENOMICS running out of steam to devalue the YEN.
Risk 100 up from 107
Target 200 below.
Scale in once a daily session is in the money and par/BE is assured.
I am backing this idea with actual trade, short from 106.97, my stops are 95 odd above.
I will update as it progresses.
ABENOMICS running out of steam to devalue the YEN.
Risk 100 up from 107
Target 200 below.
Scale in once a daily session is in the money and par/BE is assured.
I am backing this idea with actual trade, short from 106.97, my stops are 95 odd above.
I will update as it progresses.
Comentarios:
you win some and you lose some. This one so far looks like it will be a loss. but that is ok. cable did good by me last 7 weeks, so I can swallow this should it burn up to my stop. I wont be exiting manually.