U.S. Dollar / Japanese Yen
Updated

BOJ Intervention? Dealing With Fast Falling Yens

1713
Hey Traders,

High Prices = Great spots for intervention or large positions.

As I mentioned before in my CADJPY Analysis, the highest possible price is a fantastic target and one which holds great short value.

Yens just fell at our pre-determined short zone, so lets cover it.
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Scalping falls.
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Re shorts higher Lightly.
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Out of scalp longs. Re enter short on impulse deduction.
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Re short
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Exit shorts for gains. Light re longs lower down inline with D support.
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Shorting higher again at Resistance Via D Charts
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Re shorts Applicable.
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Re short highs lightly.
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Very light re shorts.
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Holding shorts.
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Still short post fomc and on early price rejection.
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And Still Short PRE US news today.
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Remaining short.
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Maintaining shorts into this week.
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Hedging on fast falls.
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Still short at highs.
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Maintained.
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Price still very high. Any exits and followed long entries are light.
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holding short bias.
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Short bias remains but only carefully. No new high sizes.
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Exit shorts on fall. new longs OK but tiny.
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Light long biased.
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Exit light longs for gains. Any new entries extremely short.
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Extremely light^
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Make sure you are not looking for a home runner. You can and may very well get higher. Stick to risk averse plans.
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Exit all longs, holding off shorts until circa prev high.
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SE EJ post. Be very careful shorting, just make it risk averse where necessary.

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