Japanese inflation figures falling AGAIN

[Nighthawk]

Headline inflation rate down, core inflation rate down.

Yields coming down across the curve.

Long USD/JPY Spot, short JPY futures.

Spot 142.10 as I write this. Target 147.63.

S/L = won´t tell you PUBLICLY.

 

[Nighthawk]

Stop Loss hit at 142.00 Spot. Anyway, 10 pips risk for 560 pips reward WAS THE IDEA. Not anymore.

Mr Market wants the option expiration @ 142.00 it seems, although $3.3 Billion expire @ 145.00.

 

[maxinger]

Stop Loss hit at 142.00 Spot. Anyway, 10 pips risk for 560 pips reward WAS THE IDEA. Not anymore.

Mr Market wants the option expiration @ 142.00 it seems, although $3.3 Billion expire @ 145.00.

Hmmm.
A counter-trend trade when all the big boys are on holiday.
All the Mr. and Mrs. markets are almost lifeless.

As of now, there is no indication usdjpy is on the uptrend.

At least you have a STOP.

 

[schizo]

View attachment 330243

Headline inflation rate down, core inflation rate down.

When the news hit the wire last night, I was feeling pretty bullish and went long only to get stopped out. Then practically the same headline from the US comes out and JPY rallies. WTF??

 

[kroxobor]

Stop Loss hit at 142.00 Spot. Anyway, 10 pips risk for 560 pips reward WAS THE IDEA. Not anymore.

Mr Market wants the option expiration @ 142.00 it seems, although $3.3 Billion expire @ 145.00.

What is the next bullish entry then? Somewhere lower or we should wait for how particular price pattern plays out?

 

[Andrew_0]

When the news hit the wire last night, I was feeling pretty bullish and went long only to get stopped out. Then practically the same headline from the US comes out and JPY rallies. WTF??

This is what happens actually most of the time!

 

[Nighthawk]

Sell USD/JPY @ 146.72 or better. Target below 143.42.