Core approach: JPY to strengthen much during H2/2022 Instrument: CHF/JPY FX_IDC:CHFJPY trade type: POSITIONAL duration: H2/2022 ingredients: bias, plan and PATIENCE
strategy with CHF/JPY: selling on weekly basis as long > 140 without going too "crazy" with the use of leverage.
simplicity is the core of this positional setup.
Personally, I trade this as a major theme, with various JPY pairs and crosses. with clear and predefined levels. in case you are interested to trade the 'JPY to get much stronger during H2/2022' theme with various instruments, feel free to contact me and we will manage to generate a PLAN that includes multi asset approach (== OPTIONS) in addition to the FX spot market to cover risk exposure.
good luck 🤞
Trade closed manually
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today, some gains from JPY longs were booked.
further, looking to buy some JPY during August to refill the positional JPY longs with various pairs.
in case you need specific levels for JPY pairs, feel free and welcome to contact me.
Love the detail of this post. JPY has been losing value to the USD since roughly '11/'12 so why do you set your core approach to JPY strength? thank you in advance for the insight.