Yen pairs still in focus, Stocks vs Bonds too.

Last week: I’d mentioned last week that I was looking to the Yen pairs as potential candidates for trading opportunity and they did not disappoint. The USD/JPY gave a great TC LONG signal early in the week, posted in real time through this link, and it yielded up to 150 pips before stalling. It was a pretty messy week apart from that though but I have new technical patterns to monitor for potential breakout opportunity in the coming week with the Yen pairs still in prime focus. The correlation between Stocks and Bonds is worth considering at the moment as well given recent Bond weakness. Continue reading