Британский фунт / Японская иенаКороткая
HOLD SHORT (Yesterday's idea never transpired)
Friday's idea to go LONG at 171.4 never transpired. 171.4 came close, TP STOP never hit.
Looks like a large consolidating triangle. There's no reason, data announcement-wise, to change anything. Waiting for:
1) JPY monetary statement at the start of JPY open Tuesday (5PM PST Monday)
2) GBP Manufacturing and USD JOLTS Tuesday PST.
Probably want to get out of a short position by the time these start. Aiming for 170.3 (long running price level) or 169.5 (area around long running trend). Holding Tight STOP around 171. Will move it before shutting down tonight.
Looks like a large consolidating triangle. There's no reason, data announcement-wise, to change anything. Waiting for:
1) JPY monetary statement at the start of JPY open Tuesday (5PM PST Monday)
2) GBP Manufacturing and USD JOLTS Tuesday PST.
Probably want to get out of a short position by the time these start. Aiming for 170.3 (long running price level) or 169.5 (area around long running trend). Holding Tight STOP around 171. Will move it before shutting down tonight.
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