WillSebastian

FX: EUR/JPY Shorting Opportunities

Short
FX:EURJPY   Euro / Japanese Yen
Hey Traders,

As EURJPY returns to financial crisis levels, its a good idea to plan future entries.

Trading rallies can be tricky, if you are irrational.

So trade rationally.
Comment:
Only new shorts slightly higher.
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Holding Short Bias.
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Re shorts light.
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Also carried into monday.
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And continuing short, any further DCA entries higher are light and at pre determined long term PA zones.
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Still short biased.
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Maintaining bias amongst all yens.
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Any DCAs, SPREAD THEM OUT
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Still short, only short higher. Lightly and spread.
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Do not pre-empt news now, or later tonight with BOJ.
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Exit shorts.
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Maintaining functional risk plans.
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Re shorts.
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Holding bias into monday
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Exit for gains.
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Long entries.
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Further hedge entries at Weekly Support.
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Entered long.
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Out of longs and out of shorts for overall gains.
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No longs until under Prev low.
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Same bias ^ should now be out of shorts.
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Re shorts applicable.
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Further applied ^ on re moves up. Killed former.
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And further on this move. Read BOJ news, its interesting. Somewhat Unlikely Yen will be feasibly sustained at extreme highs.
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Markets rushing in with more yen sentiment. Hold shorts if re taken, lock in gains. No re shorts unless big pop upside.
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Unlikely to reach longer term target (Long) soon due to upheld rates / poor BOJ reaction.

No re-shorts at highs.
Comment:
Re-shorts now applicable on returns to highs (Sentiment bias) make it light as still not incredibly clear.


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