TanayUK
Long

Let's make some money boys

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
The case for USDJPY             longs is strong:

1) Strong support area

2) Strong correlation with 10Y yield differential (shown in white). This differential should increase dramatically in the next few weeks/months.

3) Speculative interest is no longer at its highest levels.

4) Other risk assets (e.g. equities) remain well supported.

The market can remain irrational for longer than 'makes sense'.

However these are the opportunities to make real money.
Comment: Working well, take 20% profit now
Comment: Take another 10% off now
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