Forex portfolio: Short the USDJPY pullback

22 wrz 2016

Let's take this trade next. Enter now, stop 101.691, risk 0.5% on the position.

Good luck!

Ivan Labrie.

22 wrz 2016

Uwaga

This can evolve into a giant selloff until November 25th.

23 wrz 2016

Zlecenie zamknięto ręcznie

I'm not liking the retracement of post-FOMC action today, I suspect traders will close positions going into the debat and OPEC news so we can probably reenter next week. We will close all FX positions for now. It's better to avoid risk and take a small loss than continue to be exposed to this move. In the long run, it's highly probable that the trades pan out well, but short term distortions in price can cause larger loss than acceptable before the fundamental move pans out.

23 wrz 2016

Zlecenie aktywne

Reenter this one, stop is now 102.655

27 wrz 2016

Zlecenie zamknięto ręcznie

The short doesn't look safe now.