IvanLabrie

EURJPY: Bottom's in

Long
IvanLabrie Updated   
FX:EURJPY   Euro / Japanese Yen
EURJPY clearly bottomed after approaching weekly support. I think this pair will offer a good proxy for a volatility short, if that's your thing. Maybe we have a major bottom in this, a top in VIX, gold, and a strong rally off the pullback lows in $SPY.

Best of luck,

Ivan Labrie.

P.S.: don't forget to thank Haruhiko Kuroda if this works...
Comment:
Thanks Kuroda...you're the man (?)

The trade is progressing well.
Comment:

You can add on dips after today's close...or just trade both $USDJPY and $EURUSD long in your FX portfolio.
Trade closed manually:
Close $EURJPY now

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