USD/JPY Wedge

已更新

The dollar and yen have both been on the rise so I expect that UJ can range some more unless we get more imbalance from the Dollar. I'm interested to see how Trump's new tax plan will effect the rate as well as the planned rate hikes this year. We could see some volatile moves. For the time being if we stay within the wedge I will be looking to go long as short term. Though I am more neutral long term.

交易开始

Small long opened on a pullback of the 1h Pinbar. SL 111.833 TP 112.60

交易手动结束

Closed for +40 I did not like how the hourly closed after US data. We could see downside and a break of the trendline. There was a good selloff on yields and the dollar index.

交易开始

Shorted at 112.25. Bad US data and US yields facing major resistance. Dollar Index also reacting negatively to the data.

交易结束：到达止损

Took a small loss on this one. The original trendline did not break.