Selling UsdJpy speculating on a double top

2017年10月5日

I am seeing potential for a fall. Entry, stop, target shown on the chart.

2017年10月5日

註釋

US 10YR Yield is strongly correlated with usdjpy
Notice the SHS on this strong resistance.
If yield falls -> usdjpy falls -> gold goes higher

2017年10月5日

註釋

I am also shorting a half sized position on EurJpy:
You can see the notes on the chart, i am expecting the next impuls leg to the downside to come soon.
Also here i am frontrunning, so i can take a better price than waiting for the breakout, but its more riskier for sure. Stop is above the recent highs around 133.20.
Check the chart:

2017年10月5日

註釋

EurJpy is breaking a very big upward trendline.
This thing is probably going down big time in the coming days.
I am looking to add on my sell position moves higher.
Daily chart:

2017年10月5日

註釋

2017年10月6日

註釋

Closing the UsdJpy short for a 25 pip loss at 112.95. Dollar seems very strong.
At the same time adding to my eurjpy short at 132.25.