Description
⋅ Taking an extremely small short position here on USDJPY just to dip my toe in the water.
USDJPY is still a falling knife at this point and neither fundamentals nor technicals suggest an immediate reversal to the upside in my opinion.
Trade active
⋅ Live trade since 111.056
Comment
⋅ Don't be shaken by a run of the highs...
Comment
⋅ Still holding this.
Comment
⋅ I will be closing this out if we see a slide into the 110.9 - 110.64 zone. Too much upside pressure on this pair.