It's been a great start of the contest for me. As I said in my previous blog post, I expected the yen selling to continue so I positioned myself accordingly. Near the end of the day, I closed by GBP/JPY long with a profit of +120 pips and my USD/JPY long with a profit of +90 pips. Unfortunately for my third pair I picked the AUD/JPY, which didn't move much so I had to close it at a small 3 pips loss.
Had I chosen the EUR/JPY, I would be up another 60 pips and near number one instead of the curre…
Had I chosen the EUR/JPY, I would be up another 60 pips and near number one instead of the curre…