Yen has lost 400 pips so rapidly over the last few weeks and there should be some form of retrace, hence making it logical to go short. But BOJ's media releases have been pretty...conflicting. On one hand they are saying they are not happy with such ...
Hi Dingo, thanks for your reply. In any case, even if a gap existed, it has closed. Bears target for Gold is likely to be 1950 and Silver would be 25.300. Any thoughts?
Anyone else's gold charts have a gap? image Anyone looking at Gold/Silver shorts? DXY is well over 100.50 and USD/CHF is pushing highs of the day. In theory, Gold should tumble...right?
Hello, may I inquire more about your strategy? A sell here can only net 30-60 pips with a risk of 70 pips upwards. Won't it make more sense to simply wait for buys or to average down buys?
Japan’s central bank will be ‘alarmed’ if yen crosses 130 per dollar, says ex-vice minister - source: url . Now that we are nearing (400 pips for yen pairs can be easily reached in 2-4 weeks), I think we can talk about this piece of news. ...