Scary roller coaster ride on BOJ monetary policy decision
How much you have paid the ticket for this ride? Well, if you traded USD/JPY or JPY with other currencies last night, you have certainly paid this ride too much, right!? Take a look at my 5 minute chart how this was dangerous to trade and that looks even more frightening if you take a look at the 1 minute chart. As I am not active much here in my blog, I can say that I have predicted this fall on Monday when the USD/JPY was at 106.40 at the forexlive.com chat, but I didn’t trade it anyway. Why? I think that you understand when you take a look at this 10 sharp moves in just several hours last night. Enjoy you’re weekend traders! 😉
Forex Trader 