The GBPJPY has a potential for a short swing around current levels
Time to short yields. Trajectory on reduction of LSAPs is what's important now, Not the fact that they're reducting, that's priced in and happenin. It's going to be data dependent, which means we're in for another round of this psychological waterboarding of strong highly opinionated market views. This combined with big positioning to the downside for bonds, i.e...
Can u spot a goldman trader millions of lightyears away. ;) Short Copper HG versus ("hedging") Long China (FXI i guess) or Shanghai Comp. www.businessinsider.com
Consildation. most people are way to directional with this volatile currency. people wanna short higher. people wanna buy lower. anticipatory price ation at levels, provide a higher probability impetus for consolidation, mabye a triangle? doesn't need to be one thou.
mabye?, my basline death star scenario. I'm shorting all the way up. risk management. ;)