I said in the last post you could trade the Yen SHORT, I was looking at the pair and expecting a downside reversal, but that means an upside reversal in the Yen itself as it is the second part of the pair meaning it moves opposite the chart, so you would actually go LONG FXY to take advantage of the signal.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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