591 | 0% | 1 Setup | USDJPY

"spiky" prices yesterday, suprises today ?

Currency Data:

• Pair(s) to Watch: AUDJPY (Buy), CADCHF (Buy)
• Asia Events: Current Account – GDP Ratio [NZD], Merchandise Trade Balance [JPY]

07:41 Buy USDJPY (premarket very small size)

08:04 starting to scale in a bit on USDJPY (It’s maybe too early)

09:12 starting to scale in, on M15 it looks like there is some rejection happens, plus downwards movements are happening a lot more “easy” than the upwards ones .. (not 100% about this trade)

10:10 Hedging USDJPY as it breaks the structure

13:04 close scaling positions breakeven on USDJPY, anticipating it to fall more to 108.263 but the rest of the market seems to have a different plan, so getting out before it’s getting expensive.

FOMC coming up, holding the hedges till tomorrow.

Total Today: 0%

Stream Recording

please note: times /dates shown in Stream, Screenshots & Blog
in SGT – Singapore Timezone (GMT+8)