Commercial traders (hedgers) are extremely long the JPY against the USD, they are at the same extreme they where in July 2017 against Non Commercials (Speculators) which are extremely short.
We always go with commercial traders smart money to get the odds on our side.
Trade active
Note
Hi all Looks like it started to move down lets see :) enjoy the ride
Note
We saw a big move to the down side on Friday lets see how much more we can get next week. I hope someone took this trade with me and is making some profits. comment below if you did and if you want me to post more trades like these.
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.