Don’t know about you, but I’m a little surprised about JPY strength here. About a month ago I was almost sure JPY was going on a run. Well, it didn’t, so I changed my mind. While Yen is not really strong, is nowhere as near as I thought it would be. Case in point

As you can see my order was filled at 161.45, only to be stopped out at 161.00 for -45 pips. I’m not giving up that easily another order is in place at 160.75. Only difference is, I cut the size in half.
In the meantime I placed an order in GBP-CHF. This on eis also a buy order.

We’ll see how this work. Long at 2.0105 looking for about 100 pips. Hopefully before weekend.

Mike K.