USDJPY - Inside Day SHORT trade - could be explosive
Hello all - DuncanForex with another trade idea.
With Gold finally taking it's second leg higher this afternoon - (please see related trade below) - I am in turn expecting JPY to gain strength.
if the inside day is printed tonight on USDJPY, I can see JPY gaining strength overnight and USDJPY falling lower rapidly (may even gap after 22:00 BST with lack of liquidity.)
I have entered the market at 108.10 and I'm aiming for the 105 area.
Thanks for looking
Duncan
With Gold finally taking it's second leg higher this afternoon - (please see related trade below) - I am in turn expecting JPY to gain strength.
if the inside day is printed tonight on USDJPY, I can see JPY gaining strength overnight and USDJPY falling lower rapidly (may even gap after 22:00 BST with lack of liquidity.)
I have entered the market at 108.10 and I'm aiming for the 105 area.
Thanks for looking
Duncan
