U.S. Dollar / Japanese Yen
Short
Updated

USDJPY-SELL++++

364
No change in view.

I am slowly adding on the way up and just added SELL @ 122.35. The average now 120.97 on the position with reasonable leverage. I will add further with a more aggressive stance.

The overall condition does not change, and markets always are extreme one way or another, but the fact remains, market is LONG USD and this requires correction.

The profit orders are as follows: 25% @ 120.97, 25% @ 120.37 and rest @ 119.47 for now.
Note
first 25% take-back changed to @ 121.17 for now. rest unchanged.
Note
Bought back 25% @ 121.21 (did not wait for the order to be executed. New average now @ 120.88 reasonable leverage. Will add SELL ABOVE 122.00 again.

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