U.S. Dollar / Japanese Yen

Long

USDJPY: Time to fade the yen here

Updated

We can look to enter longs against the Yen (pick your favorite cross pair). I suppose we'll see a wave of leveraging, as equities rally with the oil spark and Fed inaction until year end.

Good luck!

Ivan Labrie.

Note

We broke the Jackson Hole resistance, need to go over 101.61 asap.

Trade closed manually

The BOJ resistance held. I closed at 101.485 for now.

Trade active

Broke the resistance strongly, we can reenter longs with stops under today's low.

Note

Nice move, first trade here was good before we got out, and the reentry is in profit now too. Hold!

Note

Breaking Sept. 21st high, we could see 110 hit.

Note

Closed half of the long here:

snapshot

Note

s3.amazonaws.com/tradingview/snapshots/4/4hG0EnPV.png

Note

Moved stop to entry price. Forget this trade exists gentlemen.

Note

I'm buying gradually on dips to add.
Keep a wide stop, 260-300 pips and risk a total of 2%.

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