Hi guys
I have just opened trades:
Long USD/JPY at 104.80
Short FTSE100 at 6725.30
Short DAX at 9419.80
I think we are going to be seeing USD strength across the board. I'll be looking to short GBPUSD and EURUSD as well when I believe the time is right. They have risen quite a lot near the end of last year and I believe they are overbought.
In regards to the FTSE, it has been moving sideways for many days now after a large uptrend. This could be a period of distribution and so I have decided to get short. Similar story in the DAX.
Of course, we can only wait and see if my trades will prove to be fruitful.
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