Pick of the Day: USD/JPY – Trade Closed
The Dollar continued to selloff during the Asian/European trading session against the majors, except the Yen. It looks like Japan economic weakness won out against…
Read MoreThe Dollar continued to selloff during the Asian/European trading session against the majors, except the Yen. It looks like Japan economic weakness won out against…
Read MoreYesterday, USD/JPY made a move lower beyond 113.00 to hit around 112.60. This movement was enough to move our stop down to 113.75 as planned in the last update. After finding a short term bottom at 112.60 the pair
Read MoreAfter making a low of about 2.0140 in the morning US trading session, Cable rallied up 120 points – hitting our stop at breakeven along the way.
Read MoreWith the lack of any major events within the next 12 to 24 hours, I don’t see much movement for tomorrow. We will probably see more
Read MoreMy short bias on EUR/USD proved to be correct as the pair drops below 1.36, but not before price action whipsaws an entry to the long side and stopping me out…doh!
Read MoreAfter our trade adjustment on Friday, USD/CHF shot up back to our entry level and closed out our remaining position at break even.
Read MoreWell, it looks like a return to risk as higher yielding assets rallied against low yielding assets during the morning European trading session
Read MoreGood evening! The Loonie has been on a tear a against the Greenback and we may see more to come with Canadian CPI and Retail Sales later today.
Read MoreOur trade reached full profitability as Yen strengthens on further carry trade unwinds.
Read MoreOur trade reaches the second profit target as the Dollar marches on…
Read MoreTake your profits or someone else will take them for you. J.J. Evans