Short Euro 1.1737, Aussie .7423. Taking a shot here against the near term trend. Usdjpy very weak on news, market thinks it's dollar weakness. Might be a risk off trade. Euro in a huge triangle on longer tf, looks like it broke to the upside. I'm fading.
Closed Euro short just below 1.17. Aussie below .7380. Going to let the market decide. Still looks bearish currencies to me, gold weak but we may see more consolidation triangulation. Summer market best to leave it alone. I feel like I just got lucky in that trade more than skill. Just don't want to get locked into any mindset-there's lots of moving parts right now. Us home sales existing homes down for third straight month. Not exactly bullish.
At this point I'm assuming the lows are in for the day. So any break below the recent am lows I would consider significant. But im not expecting it.
Looks right now like USD trending again. Usdjpy unchanged on the day right here. Don't think I want to be short that. Standing aside still.
I don't. Unless anybody can trade it, don't think anyone cares. Dixie still the queen, but I don't trade or look at it unless it's mentioned in the news.
Watching Euro and Aussie as usual. It seems that they just went to their support point, then stalled. Unless something unusual happens, I'm sort of looking for them to rally from here. That's all I've got right now.
Markets seemed to have shrugged off BOJ news. Sp down in the morning, rallied in the afternoon. Usdjpy came back to flat.