Hello everyone
I longed USDJPY this morning with 0.25 risk. I think we reached some heavy support here. If i get stopped out i will look out for a relong. USDJPY is still a carry trade imo and the rate diffs between US and Japan are huge. No reason for JPY to be strong unless BOJ really steps in and hikes.
Have a great week ahead of you!
I longed USDJPY this morning with 0.25 risk. I think we reached some heavy support here. If i get stopped out i will look out for a relong. USDJPY is still a carry trade imo and the rate diffs between US and Japan are huge. No reason for JPY to be strong unless BOJ really steps in and hikes.
Have a great week ahead of you!
Trade active:
trimmed some of the pos at london open and some last night
Trade closed manually:
Closed whole position... I don't like it.. Also BOJ tomorrow when i sleep.