Disliked{quote} USD/JPY will drop more than 1000 pips if this starts going south and is unlikely to recover to these highs. Now, we'll see what they have in store for us... it would be best to follow this live, because there might be wick down to trigger Sell Stop orders and continue the uptrend. It might me wise to put some Buy Stop orders as well since noone is really thinking about that... everyone is more or less putting Sell Stop orders or is already Short. But as said, it would be best to catch this shit live, so one can react properly. Actually,...Ignored
"Hold for longer, need to see more evidence to build confidence,blahblah..."
while DOT plot is expected to have very minor changes- best case 3 cut still on table, 2nd best case only 2 rate cut (hawkish).
So From BOJ to FOMC, liquidity sweep will be heavily unfold today.
P/s: have some shorts, since yesterday, will be looking for longs after BOJ (irrespective BOJ hike or not) for FOMC.
Or i could be wrong, 0.5% will be losing on the trade.
Trade safe.
More time in the market, does not mean you trade better!
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