Usd/jpy

Chood, Did you roll them over to June?

Regards
Steve

 

No. And have not sold the June. Nothing on. Why? Reason for the trade, which I posted Tuesday of last week, appears priced in now, while the near-term objection (at or below 8500 "this week or next," quoting my Tuesday post), is realized. Staying short at this level may be more of a bet on overnight news. Nothing wrong with that, but that was not the reason for the trade.

 

Erratum, prior post: "near-term objective," not objection

 

Bear.

 

Short 117.28 tp 116.1, sl 117.55

 

so where is all the panic? doom and gloom? carry trade will unwind now... oh no..

 

On 30-minute-chart it looks interesting today.

 

Anyone going short anytime soon?

-Kastro

 

I think it was really bullish today. I shorted on a break of range-lows. It was a false break, got stopped, and now it'll go and test 118.30 highs.
If it close above 118.30 today. You are realistically looking at 119.50 in the next few sessions.

 

closing my long at 119. pair is looking tired and with eur perking up, TIC data on Wed., I will look to re-enter another time.