The ACD Method

With all the focus on EURUSD, has anyone looked at EURJPY?

I just got a confirmed +5D but 120.80 Ask pre-market is pushing it, it closed 116.99 mid according to my notes.
 
Huge gap up in /ES, /NKD, and especially EUR/JPY in the currencies. Big gap down in Gold, US treasuries....seems like the market is pricing that Le Pen is highly unlikely to win?
 
I just wanted to further clarify...in case anyone interpreted my comments into this being simply an event driven vol scenario. I'm actually betting on "movement". If the Euro goes no where I won't make any money which is usually the opposite of the case of someone who say would sell a straddle. There is potential for some huge moves here and that point cannot be lost on the trader.

Is it safe to say that most of your exposure is in /6E?
 
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