Short USD/JPY

1 сент. 2020 г.

Have entered short at market with a tight stop looking mainly at a good risk / reward at the 106 handle.

My bias for the USD is bearish for the foreseeable future. The Yen I don’t really hold a bias and is more neutral depending on the risk tone. However, the Yen saw some strength come through it with PM Abe’s resignation. As this unfolds we may see some more Yen strength especially if risk tone also permits.

1 сент. 2020 г.

Заметка

Could potentially look to add to position if we see a break and re-test of 105.60.

2 сент. 2020 г.

Сделка закрыта вручную

Closed manually on a break back 106.00. This was a low conviction trade anyway so not prepared to average in to the position. Took a £2 loss.