Well, another week gone. Did not enter a lot of trades this week. The only trade I had was shorting the USDJPY. The USDJPY made an unexpected bull run and I ended with a 30 pip loss. Thanks to lessons on money mgmt, I survived to trade another day.
Some personal views ...
USDJPY - Looks like it will continue to go up to at least 110.86, before we can see any weakness in the USDJPY.
EURUSD - This pair looks like a soaring bird which has its wings suddenly clipped off. Fell like a rock from the sky. I don't think the bear run is over just yet. It closed the week at 1.5017. It could retrace in the coming week, since it has been falling without any retracement the entire week.
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