kitkan87

Fade the Yen 2NOV

Long
kitkan87 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
The premium in YEN have been increasing and even though it's on the down move in the range, the calls can be sold for a nice premium. In the immediate term I would like YEN to move up to my resistance area. If YEN has to move down, I would like it to move down slowly.
Trade closed manually:
With the nice up move in YEN I managed to close my /6J Call. I might keep risk off until after the election in the YEN. Maybe. But I will definitely be looking to reload after the election.
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