I didn’t like the open above 112.80
It’s been a short-lived, exciting USDJPY short . As per updates in the thread, I bought half back very nicely around 111.50 on the Flynn scare. But last night’s pretty risk on open back above the weekly Cloud top, above the descending trend lines, only leaving the rising Daily Cloud top as protection(?) didn’t suit me any more so I bought back on the first retracement at 112.75. Total gains= 62 pips on the total amount.
Opportunities will come fast I reckon with all that’s to happen this week, not in the least Brexit talks, RBA rate decision and idem for The Bank of Canada. I quit like the double whammy CADJPY idea by colleague Dubsly to that effect.
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- A huge USD week. This time it’s different, isn’t it? - October 30, 2019