The US isnt really moving against the yen yet its the commodity currencies that are really jumping. Cad based on oil im guessing and aud and nzd based on risk on.
Useful player in a top-3 team more like …
I agree with that. Especially with AUD, but I already moved on.
CHF was my trigger of the day in forex.
Well, we knew it could not last, big reversal candle on the daily in most pairs, and I agree, CHF could be the strongest here
As always great to hear your thoughts Dennis
Daily charts point to a reversal in Yen pairs, CHF held up best. We also had a strong reversal in Bitcoin, Look at AUDJPY and Bitcoin chart below, This month we have seen a strong correlation between Yen pairs and Bitcoin. It will be interesting to see if this continues. Also, US stocks were mostly up with the S&P 500 hitting a new all-time high, not something you normally see on a strong Yen day
The trend is still up in the yen pairs!!!
nzd is still holding up the strongest after this week!!!
We had some continuation on Friday after Thursday’s reversal, a few pairs have broken below their 200 ma on the 1 hr chart, that strange correlation between yen pairs and Bitcoin is still with us
Sick mate I’m excited for you
eurnzd short is looking very exciting to me…
Mixed day for Yen pairs, Top Trade AUDJPY had a small gain. Was last Thursday and Friday just a pullback, It still too soon to tell
I hope everyone here owns at least some Tesla, I do and what a one day move it made
Dennis, I do not but i own GRBK AND had my present last week LOL probably going alot higher!!! I still own nzdjpy LONG and still looks like it wants to take the 82.70 area
I was short on Tesla ;(
I used to own Tesla but sold it for a great profit never got back in…
YES FOK, it was a niiiiiiice ride LOL
May I ask on who’s advise did you go short
Michael Burrys
I once said the exact same thing about Amazon when I bought it at 80 and sold at 120 for a 50% profit. I thought I had this trading game all figured out, boy was I wrong.
By the way , those 100 shares I sold @ 120, would be worth $368,000 today,