Long 6J or short NKD based on NKD price action and volume

Short

Nikkei/USD Futures (CME:NKD1!)

Aggiornato

CME:NKD1! Nikkei/USD Futures

NKD (CME NIKKEI Fututes) price is inversely correlated with the Yen.This is the opposite of the relationship with most currencies andthe equities market of the respective country. Volume has declined,and it's likely that it will push 6J (CME Yen Futures) between .0093300 and .0093600

Commento:

NKD pulled back as expected. Limit hit on 6J (CME Yen futures), still short on NKDM20.

Commento:

NKD positions were closed at 20455. Trade complete.

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