Once again, starting from about the European open, the EURJPY
freight train started rolling down the mountain and never stopped. Basically 9
days taken out in about 3 hours; EURUSD gets hit and the Yen rallies. No ebb
and flow, just pretty much straight down.
We profited today, and almost got our 10 pips, missing it by
just a couple ticks.
The trade is either the “Flying Wedge of Death”, or a
straight run up or down; not much in between. With the latter, you don’t have
the luxury of waiting for a rally/break; you got to go with it and beware the
FWD.
Ending NAV: 0.8949
Have a good day everyone.
-vegas
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