Flows and Orders/FXWW News/USD/JPY

Technical glitches in Gold market this morning

Stops were triggered in USD/JPY above 103.50 after Gold seemingly fell by 2% but it turns out the Gold pricing was a glitch of sorts and it hasn’t dealt below $1224/oz. No chance of those USD/JPY stops being undone, just bad luck.

  1. They’d be done anyways, I see just now USD/JPY making 2013 highs.

    Still kicking myself for selling out of my GBP/JPY longs the other day, but I’m sure something will go wrong in 2014 and give an opportunity to jump back in at nice levels.

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