and the pmi was bad and the speech was sobering. lovely. though cable looks broadly topish I've taken the advantage of the retracement from 2pm gmt to go long again, waiting to reach a fib level or two upward. the vegas 4hr filter ema hasn't dropped to the tunnel yet, either.
Good call on the overnight short ... and I would have loved that 9475 that would have been a sweet cover
JPY crosses killed everything today...lets wait for yhe real move...Do players tired of these sideway games? Seems Bahamas have a lot of tourists this week...
there are some pretty good whiplash moves in cable ... too good ... I just got whipped around for only +10 pip
JPY grows on rising expectations...will kill everything on the way. Stay aside for today...Lets wait & see what would happen. GBP can easily go back to the open point of the week today!
The main reason for these jpy moves is that traders expect higher growth with Japanese economy. Close of the financial year is the second reason japanese companies transfer usd into yen. Rgds, NIK