USD/JPY re-set for me today.
The ACD Method
- Thread starter sbrowne126
- Start date
It looks like things are going to get a little bumpy over night.
Closed below the monthly yesterday. You can use the USD/JPY as the proxy for risk. If USD/JPY is getting weak, which it was, all the riskier Yen pairs have a beta relative to USD/JPY.
My USD/JPY Monthly, weekly and daily A down is about 121.32 and now it broke that level so I am currently watching very closely how it fares over there, and hope risk will come back because I got a little position long
Chinese have already forbidden to speak bad about market so lets see if communists can control market... Now when I said that it doesn't look good 
I meant to point this out yesterday...vvix or vol of vol so to speak, this chart is from last October which was a quick brutal sell off , vol itself spiked to 31. Interestingly, the vol spikes and reverses intraday, no one knows exactly when that will be. If greece leaves the Euro that spike may be much higher than anticipated, plus China...carry on.
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YINN down 18%. Makes our indices look like savings bonds.
My USD/JPY Monthly, weekly and daily A down is about 121.32 and now it broke that level so I am currently watching very closely how it fares over there, and hope risk will come back because I got a little position long
Holding at the QTR A down.