I'm taking out/closing my Jpy shorts today, it has been a good retracement
and I made about 200 pips on four pairs shorting them against Japanese Yen:
Usd/Jpy, Gbp/Jpy, Eur/Jpy, and Aud/Jpy
There was talk of a pullback against Yen technically - first - I tried to sell at the highs on monday, then last night/this morning
there was talk of squaring of yen positioning at year's end which involved yen buying against the majors
so I guess I was lucky - and I will get out while I am ahead
There will p…
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