Intervention watch: what would you do if it happened today?

Japan and the US have already intervened jointly to support the yen this year (report). The question isn't whether intervention can happen again — it's what you'd do in the minutes after.

Intervention watch: what would you do if it happened today? — pip movement diagram
How a pip moves the exchange rate

Walk through your plan:

  • which yen positions would be at risk
  • how your stops are set for a several-hundred-pip minute
  • whether you'd step aside or trade the aftermath
Intervention watch: what would you do if it happened today? — support and resistance diagram
Price bouncing between support and resistance

The intervention guide explains the mechanics.

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