Long EUR/JPY

2020年8月18日I hold an upside bias for this pair given that the Euro is benefiting from its stimulus package still and dollar weakness. Markets like any opportunity for risk-on and even though today is tilting slightly risk-off with strength in the Yen the price has pulled back to a key support area. I have entered one position at market and will look to enter again on a further pull back to 125.00.

2020年8月28日

コメント

Contemplating adding to this position on a pull back to 125.40 which will be at the riser trend line.

Risks are that I currently don't understand if the JPY strength will be maintained and there is also downside risk to Europe's rising COVID cases. It will be more of a technical re-entry to average down my position.

The EUR will likely remain supportive with USD weakness going forward after the dovish monetary policy shift by the FED.

2020年8月28日

コメント

Have taken another micro lot position at 125.40. Average price is now 125.74.

2020年9月1日

手動でトレードを終了しました

Closed all positions at 126.16 in anticipation of a sell off again. Took a total £13.70. In hindsight I should have maybe left one position still running until up key level is broken.