I have a good news and a bad news. The good news is I got filled on the last bid on the cable trade and now I'm long 1 lot at average price of 1.9746. The bad news is the price stalled around current levels. It looks to me it hasn't found the stops yet suggesting a further down push is likely to occur. I have my stop in place and right now the only thing I can do is wait as I have to stick to my trading plan.
On the other side I was looking at CME daily bulletin and open interest in yen futures yesteday is 320,850 (increased by 14,156 from the day before). It's around 50K short from the pre-sell off levels in the begining of Feburary. Of course one can agrue that a rising uptrend with rising OI is a very bullish sign but we should not forget that OI tend to peak at price peaks.