the yen been going up against the dollar for years. Because the yen is strong, it would make sense for japan to launch QE. Plus, Japan is the world 2nd powerful economy. The value in japan is substantial high based on education.
Here is EMG trading advise:
DO NOT FOLLOW THE GAP!
too many people are following the gap.
DO NOT FOLLOW THE PIVOT PT:
too many people are following the pivot pt.
DO NOT FOLLOW THE SMA:
too many people are following the sma
The only indicator u should follow is MATH...
i would not go long because the es tanked. i rather go short because the odd of winning is higher rather than going long. If the es didnt hit my short trade, tomorrow will be another day