EURJPY: Bottom's in

EURJPY clearly bottomed after approaching weekly support. I think this pair will offer a good proxy for a volatility short, if that's your thing. Maybe we have a major bottom in this, a top in VIX, gold, and a strong rally off the pullback lows in $SPY.

Best of luck,

Ivan Labrie.

P.S.: don't forget to thank Haruhiko Kuroda if this works...

Commentaire:

Thanks Kuroda...you're the man (?)

The trade is progressing well.

Commentaire:

You can add on dips after today's close...or just trade both $USDJPY and $EURUSD long in your FX portfolio.

Trade fermée manuellement:

Close $EURJPY now