im looking to go short USDJPY on a stronger than expected CPI. the yen has been weak lately, so if we get a strong CPI it should trap a lot of people in thier yen shorts.
if we get a weaker than expected number, and the USDJPY spikes up, im looking to play a reversal on that spike, when the price starts reversing as people take profits.
if we get a weaker than expected number, and the USDJPY spikes up, im looking to play a reversal on that spike, when the price starts reversing as people take profits.
Relax and be happy.