I have been going long UsdJpy and crosses since last night
UsdJpy dropped below 113 yesterday night and I decided to go long
I believe Japan bank will intervene if the pair drops too low
so it offers a good (safe) opportunity for longs after drops
I decided to go long GbpJpy and EurJpy too as they seem to be following
and both Eur and Gbp still look strong
Also, I bought EurAud and GbpAud from lows and AudUsd was retracing
This made me a few pips
I am still waiting for my short Jpy positions to pay off
UsdJpy dropped below 113 yesterday night and I decided to go long
I believe Japan bank will intervene if the pair drops too low
so it offers a good (safe) opportunity for longs after drops
I decided to go long GbpJpy and EurJpy too as they seem to be following
and both Eur and Gbp still look strong
Also, I bought EurAud and GbpAud from lows and AudUsd was retracing
This made me a few pips
I am still waiting for my short Jpy positions to pay off