On Tuesday June 10 I made a post for sells in the 107.30 to 107.35 zone on the USDJPY.  After a spike into the 70’s the pair made a fall into the mid 106.50’s. Traders have reported taking anywhere from 40 to 60 pips on this trade. Congratulations if you were able to take advantage of this opportunity.

So far the rest of the week has seen some volatility and has been a bit choppy. Once we get a more defined move I should be able to make another post.

Dustin

This entry was posted on Thursday, June 12th, 2008 at 12:52 pm and is filed under Bank Flow. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.