I'm watching this key level in USDJPY. This is potentially a good hedging level, but the interest rate differential is still high, in the long direction, so I'm going to be cautious and not stay in positions for too long because it could head higher. Not advice, do your own research.
Since 2012, WisdomTree has been a leader in helping investors understand the impact that currency risk can have on their portfolios. When investors allocate funds internationally, there are two sources of return: the local asset return and the return from changes in foreign exchange (FX) rates. This can be problematic during periods in which foreign currencies are...
Some people are requesting for intra-day setup this is just a counter trade so as to do hedging when price will reach our long term SELL SETUP ...so be careful cause counter trade is too risk anytime bear bias may kick in and spike you out risk management is the key
Description: As the Euro / U.S. Dollar fails multiple times to successfully reach for 1.20 in the last and current week, a 4-hourly moderately down-sloping trend line forms, projecting that if price action continues below it and is unable to break it, then by Jul 14 at most price will have been pushed all the way down to the next daily structure support level at...
This is just a quick video in response to a question a friend of mine had and so I thought I'd share my response to him with everyone else. If anyone has any questions about advanced trading, feel free to drop me a line and let's chat. ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade...