We are entering at 159 on Tuesday Tokyo Session,Pair made retracement after mid New York Session yesterday opening a chance for yet another sell entryy,beware if our trade plan fail,we will try to enter again,as Nikkie has pledge more than 15% in last 2 week yet 6 % alone on last friday after NFP.
We will use ever retracement opportunity to open a sell position.
We will use ever retracement opportunity to open a sell position.
Trade closed: stop reached
Bank of Japan deputy governor UchidaOur interest rate path will obviously change if, as a result of market volatility, our economic forecasts, view on risks and likelihood of achieving our projection change
Japan is not in an environment where we would be behind the curve unless we hike rates at set pace
We won't hike rates when markets are unstable
Personally believe the US economy can achieve soft landing
See no big change to Japan, US economic fundamentals so market reaction to single US data appears too big
Recent market moves are extremely volatile so watching impact of their moves on economy, prices with extreme vigilance, will respond appropriately in guiding policy
Japan's real interest rate very low, monetary conditions very accomodative
Trade active
Plan C -Established ,bought long positions in asian session,waiting for london and new york open to further pump the reversal new idea coming,update there.Trade active
Follow Plan B-london session Ignore Plan C
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.