Qorbanjf

UJ pinbar short

Short
Qorbanjf Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
20
UJ pin bar short.
Comment:
Despite most believing that there will be a rate hike tomorrow, I highly doubt it.

The markets already have a 90% expectation of a rate hike, meaning, that If the fed does end up hiking, the dollar will increase in value, but not by a whole lot. However, if the fed does not end up increasing rates, this thing will drop like a rock.
Trade active:
I was wrong about the fed not raising interest rates, but that doesn't matter considering it still fell.
Trade active:
Taking profit on 1/3rd of my position, waiting for a pullback to re-enter short.
Trade active:
Moved stop loss to 113.567
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