U.S. Dollar / Japanese YenUpdated USDJPY And All Yen Forex Pairs | Short In 2024?
Hey Traders,
The current stance from the Bank Of Japan has called for an increase in its strength.
This comes amid talk of an end to negative rates, potentially this month. Eyes will be firmly fixed on news reports regarding the direction that the BOJ will take and rates they will set.
Ideally, this forms the structure that is required to 're-short' higher prices and trade the market as it falls with the wave. Do not bank everything on a fall as stance can, and possibly will change. Talk is what moves the markets PRE Action.
Here's my take for 2024 and what to expect.
The current stance from the Bank Of Japan has called for an increase in its strength.
This comes amid talk of an end to negative rates, potentially this month. Eyes will be firmly fixed on news reports regarding the direction that the BOJ will take and rates they will set.
Ideally, this forms the structure that is required to 're-short' higher prices and trade the market as it falls with the wave. Do not bank everything on a fall as stance can, and possibly will change. Talk is what moves the markets PRE Action.
Here's my take for 2024 and what to expect.
Note
Re shorting yens only on moves up.Note
Re shorts applicable. Out of longs.Note
Very nice Tech zones approaching. Mixture of key areas.Note
Short on impulse.Note
Out of shorts.Note
Re shorts applicable.Note
Further DCA entries.Note
Key Tech Zone.Note
Out of all longs. Re shorts entered yesterday.Note
Further re shorts, pre news later.Note
Certainly should be out of ALL JPY pair longs. Flipped short.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.