The USD/JPY got everyone’s attention but for me this was mainly follow-through from last week’s pullbacks. I don’t want to scramble in with everyone else – I’d rather build a position on corrections when I have a trend.
There are many trends that are coming back! So far May has been generous and while I often transition to more of a daytrading approach to stay nimble through Summer, I am not willing to jump off this “short yen” trend.
In this video I give you a look at my open and pending trades…most of which are firing on all cylinders today. There are still some misses here and I share it all with you; it’s all about transparency!
Just for today, here’s my daily audio podcast