#PotentialTrades – Update #3

Potential price action that I’m interested in:  USD.JPY

BoJ’s Kuroda made some comments about tightening their ultra-loose monetary policy… Sure it’s, by 2020 or some such.  But anything to make them move would trigger at least the short-term move we are seeing this morning.  Confirms also the overall theme of central bankers around the world following the Fed’s lead, just 12-18 month behind it.

Short, USD / Yen around 105.30.


Long, Yen futures around 95.



CHART: Daily USD.JPY, going back to January 2011.

Screen Shot 2018-03-02 at 6.36.51 AM

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