Day 410: Dollar still has it’s mojo

Profit: $6.02 Total: $1,110.83

Dollar gained back it’s mojo from Friday’s spark. I wasn’t too confident yesterday and questioned if the momentum would continue, but dollar remained resilient. USD/JPY was the super star today breaching the 103 level. There’s talks about a BOJ easing which should bring UJ even higher, possibly to 104.

Took it slow and steady and mainly rode the AUD/USD down while longing the USD/JPY. I definitely could’ve milked more on the pairs but decided to take caution. Looks like the dollar momentum is continuing steadily so for now I’m still optimistic.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s