"Something Phenomenal" - two words said by President Trump have busted my account balance by almost 100% as nearly all my trades were dollar long. I bet my subscriber who stuck with me are very pleased now, and the ones that left me have regrets.

Is this the continuation of Trump trade? In my view it's impossible to say. But I wouldn't be surprised to see dollar appreciating fast for a few more days until the markets realize that we have no details whatsoever about these "phenomenal tax cuts".

But today I think we might see USD/JPY reaching as high as 115.45. A sudden reversal is also possible during Trump/Abe meeting, so it's best to keep your stop loss tight if you are shorting yen. I also hope to see EUR/USD going down to 1.0620 today, or even 1.0555. Euro showed plenty of resilience yesterday, but if investors keep buying USD it should be a one way street today and perhaps for a few sessions next week as well.

The one opened trade I have, that did go anywhere is short EUR/GBP but I still believe that euro will keep falling faster than GBP, thus it should reach at least 0.8450 soon.
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