In this morning’s edition of The Macro Show, Hedgeye CEO Keith McCullough walks Hedgeye Nation through how he traded the Yen yesterday, specifically within his Trade/Trend/Tail duration model.

“It develops an exhaustion signal, which I eventually buy for a Trade. I’m not saying it’s going to go to a Bullish Trend,” explains McCullough as he notes how each signal in his model interacted to lead him to buy call options on the Yen.

McCullough: How I Traded The Yen Yesterday  - risk ranges