Another tumultuous day on Wall Street saw the DJIA losing 678 points, closing below the 9000 level for the first time since 2003. This went hand in hand with increased yen strength. The 97 handle was even seen in USD/JPY for a brief period this evening. This also translated to EUR/JPY making new lows. The dollar also benefited and pulled EUR/USD back down slightly.
Today’s first two trades were once again overnight sell limit orders that got triggered and closed out during the London session.
The second and third trades in EUR/USD today were both based around the 1.37 handle
The last trade of the day (in EUR/JPY) was a breakout, as the previous low from earlier in the day at 136.50 was being breached.
I most likely won’t be making any trades tomorrow as I won’t have internet access. I am also moving house early next week and so there will definitely be no activity on Monday. I’m hoping that by Tuesday I’ll have gotten the essentials unpacked and there will be net access up and running in the new abode.