February 27, 2019 08:22: Pound/Yen and Pound/Dollar trading strategy [From Tetsuya Emori's e-letter]
From the investment newsletter "Tetsuya Emori's Real Trading Strategy" by Emori Tetsu that GogoJungle provides, here is a small excerpt from this morning's distribution. This time, please take a look at the trading strategies for the pound/yen and pound/dollar.
We will maintain long positions on pound/yen. The long-term trend is 143.95 yen.
We will maintain long positions on pound/dollar. The long-term trend is 1.3095 dollars.
"Tetsuya Emori's Real Trading Strategy" (Tetsu Emori)quoted from.
From Powell's testimony to the Congress, a stance to refrain from raising rates for the time being has been suggested, and as a result, U.S. long-term yields have declined, leading to a weaker dollar. Mr. Emori is concerned about the breakdown of risk parity strategies due to rising volatility, so please be mindful of this as well. (Editorial Department)
