Just a summary here: While being remarkably mercurial on the ¥ I am also moving into some longer-term positions as well. I bought a small retracement of National Grid Group Plc Ads (NYSE: NGG). Early for the daily chart, but the hourly dip is an entry to the current run.
The daily charts say: short USDJPY, long GBPUSD and short EURJPY.
The hourly charts say: long USDJPY, long GBPUSD and long EURJPY.
So, in order to go about my day without a trigger finger I've placed a long only on GBPUSD, and that may be a day early. I can wait to play the ¥.
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