To eliminate risk utmost, pick a point and get long USD post FOMC. The lowest risk would be the lowest point in the range. Currently in USD/JPY it is 113.5. We might swing around till FOMC wiping out positions on both sides of the trade but ...

Spectre's Corner

115.8 countertrend point.

Spectre's Corner

long usd/jpy countertrend

Spectre's Corner

price bias battle rages.. on.. current situation usd bearish..

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18390 gbp likely...do to strong factory orders..gdp might be strong too tomm.. thats the risk of positions.,

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usd bull pattern forming 116.4 likely in usdjpy.

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gbp/jpy wedge 5 minute chart breakout.. favors yen rally.

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updated price bias.. is usd negative now..

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no cease fire..dollar bullish news..conflict protracted...

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volatility wave range has to extend upper end to remain dollar bullish price bias.. here..

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cad rallied with gold... if the price bias is still dollar bullish.. this wave here has to touch upper range.. if not it will be sold..for extension of the lower end on the chf...jpy.

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bonds up.. rates down.. deflation..fed pause play at work..equities down..profit taking..

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nikkei down..gold up.....627...short covering rally in gold...expected fed pause..play in market.

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volatility wave range expanding..

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buying chf ..jpy here..

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chf aiming 12430

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directional reinforcing itself dollar bullish..

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usd/jpy 116.3 becomes key buy point again.. might not see it. again.

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directional bias reasserting dollar bullish.

Spectre's Corner