USDJPY And All Yen Forex Pairs | Short In 2024?

Hey Traders,

The current stance from the Bank Of Japan has called for an increase in its strength.

This comes amid talk of an end to negative rates, potentially this month. Eyes will be firmly fixed on news reports regarding the direction that the BOJ will take and rates they will set.

Ideally, this forms the structure that is required to 're-short' higher prices and trade the market as it falls with the wave. Do not bank everything on a fall as stance can, and possibly will change. Talk is what moves the markets PRE Action.

Here's my take for 2024 and what to expect.

Commentaire:

Re shorting yens only on moves up.

Commentaire:

Re shorts applicable. Out of longs.

Commentaire:

Very nice Tech zones approaching. Mixture of key areas.

Commentaire:

Short on impulse.

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Out of shorts.

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Re shorts applicable.

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Further DCA entries.

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Key Tech Zone.

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Out of all longs. Re shorts entered yesterday.

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Further re shorts, pre news later.

Commentaire:

Certainly should be out of ALL JPY pair longs. Flipped short.