Together with the sterling dollar, I am selling tomorrow the sterling yen into the NFP breakout.
If the employment number is weak, equity markets will be negatively affected, and the yen will appreciate on Risk aversion, and stock market liquidations.
I am shorting current Market @ 152.20. Stop 153.50. target 147.0
As with the sterling dollar. Risk is 3% on 10k accounts & 10% on 3k accounts.
Risk on both sterling dollar & sterling yen positions would compound to 6% on a 10k account.
On a 3k account the order sizes would need to be scaled to an aggregate risk of 12%
Profitable Trading
Summerset
If the employment number is weak, equity markets will be negatively affected, and the yen will appreciate on Risk aversion, and stock market liquidations.
I am shorting current Market @ 152.20. Stop 153.50. target 147.0
As with the sterling dollar. Risk is 3% on 10k accounts & 10% on 3k accounts.
Risk on both sterling dollar & sterling yen positions would compound to 6% on a 10k account.
On a 3k account the order sizes would need to be scaled to an aggregate risk of 12%
Profitable Trading
Summerset
