Trend-following the DXY on its strength has proved to be the right decision taken as the effectiveness of the Price Action Analysis is still in effect. The anticipated market currency mover choosing the USDJPY has registered a 123.00 high along with its correlated cross rate -particularly the AUDJPY moving in tandem with the USDJPY chart based on May 25 before today's move simply just paid-off. Thanks to 'Market Timing' from a thinly traded US Market holiday that gave us an advantage in 'TIME EXECUTION ANALYSIS'.
Reference: CCY Corner: DXY USDJPY AUDJPY Cross Trade Strategy
Reference: CCY Corner: DXY USDJPY AUDJPY Cross Trade Strategy
No comments:
Post a Comment