catndog

Long and Short

catndog Diupdate   
FX:USDJPY   Dollar A.S. / Yen Jepang
2
USDJPY is emotional roller coaster as usual. Quick down but seems no effect on the dow, emini s&p which is very interesting.
Short Side should wait for the rebounce to test the Level 103.5 if fail to break thru continue go short and should reach
101.7 very quickly.
A more dangerous move is if it didnt fall below 101.6
Go Long and take profit at 103
For very Long term USDJPY is always in short as interest rate is going to go up no matter what,
US can not afford -ve at all.
Komentar:
sideway market for a break but it will start getting violence very soon
better wait for a retest up to 103 before shorting
Komentar:
is done at least take 50 -75% profit on short position
Komentar:
it can reach 95 but should be more conservative
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