Euro / Japanese Yen

Long

EURJPY: Bottom's in

Updated

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...

Comment

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

The trade is progressing well.

Comment

snapshot

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

Trade closed manually

Close now

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