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paulyberndt
Jul 8, 2014 10:07 PM

USD/JPY Short Short

U.S. Dollar/Japanese YenFXCM

Description

Yen closed below the cloud. I have a buy stop under
today's low. If the risk theme changes and yield is being
chased other than US bonds I look for the dollar to continue
to weaken this summer.and this consolidation in the Yen will change. IMHO
Comments
paulyberndt
Yen has now taken out my low sell stop with my first target at 101224 and target at 100828 area Chickou white line 26 periods in the past is well below price.
paulyberndt
correction that should be a sell stop LOL
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