Mr. Tarif shaking the markets already pre-session
Mr. Tarif made the markets shake even before the Tokyo open, so there may be some consolidations ahead
08:48 Selling GBPJPY
it’s still above the vWap, so this may turn’s bad in a moment, but the 40 Minute Price action looks promising.
09:15 it did turn bad (never went below vWap) – Hedging
10:24 price finally went below vWap, will hold till the immediate Support has been broken
10:30 Support didn’t hold, reversing
10:31 close GBPJPY at the original TP1
11:15 selling GBPJPY again to pay for the previous loss
did hedge about 50% along the way (plain fear, no volume reason)
11:24 reverse Hedge position to sell
11:39 close GBPJPY as the previous loss and the Hedge loss paid.
GBPJPY likely gonna make the original target of 137.534 and 137.5,
but ill call it a day here, there is almost no liquidity, and this will likely not change till London Session.
Total Today: +2.43%