avantlink
15 January, 2015
USD/JPY: No strong ideas today
Many of the big stops, that i been talking about for the last 2 days, were done overnight and a 250 pip fall was certainly a significant event. I’m really not sure what to do today , with prices sitting mid-range at 117.25. My shortish-term bias is still bearish but current levels aren’t that attractive. Maybe wait in hope of a squeeze back towards 118.00 and sell into that rally for the next 200 pip dip?
I sold since monday and you can check my post on monday for verifcation
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