Trading based on strength and weakness.

At the start of London session, it was quite obvious that GBP was weak while JPY was pretty strong. The demand in JPY is largely due to the failure of BOJ governor Kuroda efforts to weaken the yen. Across all JPY pairs, they are showing great downward momentum.

Trade stängt manuellt:

Exit at with 45 pips profit. Please refer to CADJPY update.