Wednesday, as expected, there is just consolidation on VERY low volume happening right now, following Yesterday’s moves. we still have a few hours to the European Session to make some analysis. lucky the dollar showed some weakness and there where some medium risk opportunities to take on the Japanese Yen.
Currency Data:
13:39 Sell USDJPY to the Pivot
13:59 just 1 Minute to Frankfurt open, the indices do not look too good, this could turn the USDJPY trade into a loss.
14:30 SwingFish Helper automatically hedged USDJPY (will reverse once the Nikkei drops below)
14:38 reverse Hedge
14:57 close USDJPY on first Support point. it very likely going to the pivot and may even do a retest of the Hourly Support around 110.017, but the hedge has to go first before taking on any larger risks.
Total Today: +1.817%
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