Unless of course, you plan on scalping those 10-30 pips, in which case, more power to you. I'm staying flat on the "xxx/JPY" pairs for now until we get a clear move away from the price, whether it's up or down.
Edit: To other readers: As I said in my previous comment, watch the 50% retracement down to 180. If 180 is tested and becomes a support, the intraday bullish trend resumes with a retest of 188.8. If it's breached, then....well, I'm staying flat until I see a better price to reload.
P.S. Yellen=bad for the well being of my wallet. Hoenstly, has anyone seen the FOMC conference live? Oh god, how annoyingly droll her announcements were: repeating the same old data about inflation again and again, even though though it really wasn't a large cause for worry. Not to mention how vague and mumbled her words were during the Q&A session with the media. Oh, we spiked the dollar price alright, but it was a lot less than what it could have been. And honestly, after spending the bigger part of an hour watching her and analyzing her words, I only had 90 pips in profits to show for it on a small short for the EUR/USD.
to update charts. My personal trades hit BE on 2 trades and 1 is still deep in the red (about 135 pips). SL is at 119.54.
until a significant drop is seen to confirm the bearish view. I already have a sell which is red.
