Open trading account 
Short trade taken as I anticipate the rally in the EURO should face a near-term correction. I am anticipating the "risk-on rally" to stall and the EUR/JPY wedge formation to break to the downside. Markets are discounting geo-political risks and the "Trump Bump (reflation) trade" could turn into "SELL in May and Go Away, come back again on Labor Day (September)" in equities markets. The S&P500 is up significantly since Trump's victory and his tax-cut plans and infrastructure build-out seems to be…
TalsikGirl's Blog
EUR/JPY SHORT trade initiated
SHORT EUR/JPY trade initiated at 116.75 after Falling Trendline rejected the 3 day rally. I expect "risk on" trades to decline in equities and FX markets as the trading week comes to an end. Fear of the French elections outcome should weigh on the markets, as the most recent polls show that the race among the 4 main candidates is too close to call. . .if Macron is unable to make it to the runoff elections, then equities could see a bloodbath on Monday.