USD/JPY

Well we didnt quiet make 110 and now down a tad under 109 but I believe in this puppy so just placed another long at 108.93. Will use a fairly large stop because when this think runs again I can see my 114 objective being hit.

Because of the wide stop remember to think about your leverage and capital management plan. If all works out will scale in later. There is some resistance with USD index around 100 but in my view thats will only be temporary. When US raise rates again then north we shall go.

Posted in Uncategorized.

Leave a Reply