It is hard to find a good position to buy the Yen
Last night I sold Gbp/Jpy and was up 37K at one point,
but as soon as the Asian session was over everyone got to bying the Usd and selling the Yen
I am down about 40K now after being stopped out on Gbp/Jpy, and Eur/Jpy shorts
To make use of my equity and leverage I am starting to sell the minors against the Yen now
like Aud/Jpy, Hkd/Jpy, and Nzd/Jpy
I still believe this run should be over soon and we will see some retracement down
Gl all
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